South Carolina Code 38-65-330. Conversion privilege of policy issued on franchise or wholesale plan
Current as of: 2023 | Check for updates
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Terms Used In South Carolina Code 38-65-330
- insurance: includes annuities. See South Carolina Code 38-1-20
- Policy: means a contract of insurance. See South Carolina Code 38-1-20
A life, term, or endowment insurance policy on the franchise or wholesale plan which is subject to termination under the provisions of § 38-65-320 shall contain a conversion privilege not less favorable to the insured than that provided under item (8) of § 38-65-210.