2013 South Carolina Code of Laws
Title 38 - Insurance
CHAPTER 85 - CONSOLIDATIONS AND MORTGAGE INSURANCE
SECTION 38-85-60. Premiums.


SC Code § 38-85-60 (2013) What's This?

If an insurer charges debtors the same premium for the new coverage that they were paying for the old coverage, and, as a result, insured debtors of a financial institution are charged different premium rates for the same coverage, the rate differences do not constitute unfair discrimination under Sections 38-55-50 and 38-57-120, so long as all the applicable requirements of this chapter are met.

HISTORY: 1988 Act No. 382, Section 2.

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