State Requirements

South Dakota / Resident Licensing / Business

Fees

Fees shown are state fees only. These fees do not include NIPR transaction fees.

  • Per application.
  • South Dakota does not charge a fee to amend an existing license.

Business Entity

Fee:

$25

Reinstatement fee:

$25

Managing General Agent

Fee:

$25

Reinstatement fee:

$25

Discount Medical Plan

Application fee:

$0

Reinstatement fee:

$0

Independent Review Organization

Application fee:

$0

Amendment fee:

$0

Reinstatement fee:

$0

Portable Electronics

Application fee:

$30

Reinstatement fee:

$30

Rental Car

Application fee:

$30

Reinstatement fee:

$30

Third Party Administrator Registration

Application fee:

$500

Amendment fee:

$0

Reinstatement fee:

$500

Third Party Administrator Registration

Application fee:

$500

Reinstatement fee:

$500

Travel Retailer

Application fee:

$30

Reinstatement fee:

$30

Utilization Review Organization

Application fee:

$250

Reinstatement fee:

$250

Managed Care Contractor

Application fee:

$250

Reinstatement fee:

$250

Lines of Authority

Please note that license class names can vary by state.

Business Entity

DRLP Required

Lines Held By Employees

Managing General Agent

DRLP Not Required

Lines Held By Employees

Discount Medical Plan

DRLP Not Required

Discount Medical Plan

Independent Review Organization

DRLP Not Required

LTC Independent Review Org

Portable Electronics

DRLP Not Required

Portable Electronics

Rental Car

DRLP Not Required

Rental Car

Third Party Administrator Registration

DRLP Not Required

Third Party Administrator

Third Party Administrator Registration

DRLP Not Required

Third Party Administrator Registration

Travel Retailer

DRLP Required

Travel Retailer

Utilization Review Organization

DRLP Not Required

Utilization Review Organization

Managed Care Contractor

DRLP Not Required

Managed Care Contractor

Rules and Regulations

Applicant Can

  • Submit initial license application for business entities electronically.
  • Add lines of authority (amend) to an existing active license.
  • Reinstate/reapply through NIPR's Resident License Application.
  • Print License electronically.

Applicant Cannot

  • Submit surplus lines for business entities.

Business Rules

  • Applicant must provide a valid business email address.

  • Applicants are not required, as a condition of licensure, to be registered by the South Dakota Secretary of State. Business entities may be required to register with the Secretary of State under their corporation statutes. They may be contacted through the state website.

  • If applicant responds "yes" to one of the background questions, please submit supporting documents electronically via NIPR's Attachments Warehouse. The documents may also be submitted to the state via mail, email, or fax. All other required documentation must be forwarded directly to the state.

  • At least one ‘Owner’ must be supplied on the application and ownership percentage must total 100%.

  • Business entity applicants applying for Managing General Agent must actively hold a Business Entity license prior to applying.

  • The following license classes may reapply one (1) year after license expiration date:

    • Business Entity  
    • Portable Electronics  
  • The following license classes may reapply the day after expiration date:

    •  Discount Medical Plan  
    • Independent Review Organization
    • Managed Care Contractor
    • Managing General Agent 
    • Third Party Administrator  
    • Third Party Administrator Registration
    • Utilization Review Organization  

  • Rental Car and Travel Retailer applicants may reapply at anytime if license status reason is Inactive.

  • Applicants that have a status reason of Voluntary Surrender may reapply at any time.

  • If applicant's license status reason is Revoked or Suspended, application is not allowed. Please contact the South Dakota Division of Insurance directly at sdinsurance@state.sd.us.

  • Discount Medical Plan - Applicants must submit required documentation as required by South Dakota Codified Law 58-17E. Please visit Division of Insurance - Company Filings and Forms for more information.

  • Independent Review Organization - Applicants must submit required documentation. The statutory requirements in support of this application are outlined in South Dakota Administrative Rule 20:06:53 Please visit Division of Insurance - Company Filings and Forms for more information.  

  • Managed Care Contractor  - Applicants must submit required documentation as required by South Dakota Codified Law 58-17F. Please visit Division of Insurance - Company Filings and Forms for more information.

  • Portable Electronics -  Applicants must submit required documentation as required by South Dakota Codified Law 58-47-16. Please visit Division of Insurance Forms for more information.

  • Rental Car – Applicants must submit required documentation as required by South Dakota Codified Law 58-30-201. Please visit  Division of Insurance Forms for more information.

  • Third Party Administrator - Applicants must submit required documentation as required by South Dakota Codified Law 58-29D. Please visit Division of Insurance - Company Filings and Forms for more information.

  • Third Party Administrator Registration - Applicants must submit required documentation as required by South Dakota Codified Law 58-29D. Please visit Division of Insurance Forms for more information. 

  • Travel Retailer – Applicants must submit required documentation as required by South Dakota Codified Law 58-30-209(15). Please visit  Division of Insurance Forms for more information.

  • Utilization Review Organization - Applicants must submit required documentation. The statutory requirements in support of this application are outlined in South Dakota Codified Law 58-17H. 

    Please visit  Division of Insurance - Company Filings and Forms for more information. 

  • If applicant responds "yes" to one of the background questions, please submit supporting documents electronically via  NIPR's Attachments Warehouse. The documents may also be submitted to the state via mail, email, or fax. All other required documentation must be forwarded directly to the state.

Contact Information

Mailing Address

South Dakota Department of Labor and Regulation, Division of Insurance

124 S. Euclid Ave

2nd Floor

Pierre, SD 57501

United States

State overview page

Learn more about state-specific licensing requirements and associate fees to ensure you have all the necessary information for compliance.

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