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2013 South Carolina Code of Laws
Title 38 - Insurance
CHAPTER 65 - GROUP LIFE INSURANCE
SECTION 38-65-330. Conversion privilege of policy issued on franchise or wholesale plan.


SC Code § 38-65-330 (2013) What's This?

A life, term, or endowment insurance policy on the franchise or wholesale plan which is subject to termination under the provisions of Section 38-65-320 shall contain a conversion privilege not less favorable to the insured than that provided under item (8) of Section 38-65-210.

HISTORY: Former 1976 Code Section 38-31-130 [1962 Code Section 37-312.2; 1969 (56) 699] recodified as Section 38-65-330 by 1987 Act No. 155, Section 1.

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