The term "insured" as used in this article may not be construed as preventing a person other than the insured, with a proper insurable interest, from making application for and owning a policy covering the insured or from being entitled under such a policy to any indemnities, benefits, and rights provided therein.
Person with insurable interest may take out policy on insured
S.C. Code Ann. § 38-71-640, under Title 38, Chapter 71.
S.C. Code Ann. § 38-71-640