™Your Policy Risk Impact Agent
66 chapters · 1,628 sections in this title.
S.C. Code Ann. § 38-65-10 Circulation of false or misleading information by life insurers
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No life insurer doing business in this State and no officer, director, or agent of it may issue or circulate or cause or permit to be issued or circulated any estimate, illustration, circular, or statement of any sort misrepresenting the terms of any policy issued by it, the bene…
S.C. Code Ann. § 38-65-100 Spendthrift provisions in settlement agreements are valid
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When the proceeds of a life insurance policy becoming a claim by death of the insured are left with an insurance company under a trust or other agreement, the benefits accruing thereunder after the death of the insured are not transferable nor subject to computation or incumbranc…
S.C. Code Ann. § 38-65-110 Extension of right to apply for individual policy
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If an individual insured under a group life insurance policy delivered in this State becomes entitled under the terms of the policy to have an individual policy of life insurance issued without evidence of insurability, subject to making of application and payment of the first pr…
S.C. Code Ann. § 38-65-120 Interest on payment; when required
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When a group life insurance policy provides for payment of its proceeds in a lump sum upon the death of an insured and the insurer fails to pay the proceeds within thirty days of submission of proof of death, the payment must include interest at the legal rate of interest from th…
