South Carolina Statutes
§ 38-65-330 — Conversion privilege of policy issued on franchise or wholesale plan.
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.
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South Carolina § 38-65-330 (Conversion privilege of policy issued on franchise or wholesale plan.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
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.
Nearby Sections
15
§ 38-65-120
Interest on payment; when required.§ 38-65-130
Group life insurance.§ 38-65-210
Provisions required in all policies.§ 38-65-360
Promulgation of regulations.§ 38-65-40
Requirements of policies.