South Carolina § 38-71-1020 Requirements as to policies.

South Carolina Statutes

§ 38-71-1020 — Requirements as to policies.

South Carolina·Title 38 INSURANCE·Ch. 71 ACCIDENT AND HEALTH INSURANCE

All blanket accident and health insurance policies are subject to the provisions of Articles 1 and 3 of this chapter. However, no policy is required to contain any of the required policy provisions set forth in Section 38-71-340. However, no policy may contain any provision relative to notice of claim, proofs of loss or time of payment of claims, or the time within which suit may be brought upon the policy which, in the opinion of the director or his designee, is less favorable to the insured than would be permitted by the required policy provisions.

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All blanket accident and health insurance policies are subject to the provisions of Articles 1 and 3 of this chapter. However, no policy is required to contain any of the required policy provisions set forth in Section 38-71-340. However, no policy may contain any provision relative to notice of claim, proofs of loss or time of payment of claims, or the time within which suit may be brought upon the policy which, in the opinion of the director or his designee, is less favorable to the insured than would be permitted by the required policy provisions.

South Carolina § 38-71-1020 (Requirements as to policies.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: Former 1976 Code SECTION 38-35-720 [1947 (45) 322; 1952 Code SECTION 37-522; 1956 (49) 2029; 1962 Code SECTION 37-522] recodified as SECTION 38-71-1020 by 1987 Act No. 155, SECTION 1; 1993 Act No. 181, SECTION 777.