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South Carolina · Through 2025 Session of the General Assembly

S.C. Code Ann. § 38-38-310: Contractual benefits allowed; persons covered.

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Where this section sits in the code
  1. Title 38 - INSURANCE
  2. CHAPTER 38 Fraternal Benefit Societies
  3. ARTICLE 7 Contractual Benefits

(A) A society may provide the following contractual benefits in any form:

(1) death;

(2) endowment;

(3) annuity;

(4) temporary or permanent disability;

(5) hospital, medical, or nursing;

(6) monument or tombstone benefits to the memory of deceased members; and

(7) other benefits as authorized for life insurers under this title, provided the benefit is:

(a) offered in compliance with the requirements of this title, and

(b) consistent with this chapter.

(B) A society shall specify in its rules those persons who may be issued, or covered by, the contractual benefits in subsection (A), consistent with providing benefits to members and their dependents. A society may provide benefits on the lives of children under the minimum age for adult membership upon application of an adult person.

Collected 2026-09-02T07:12:54Z. Source file · JSON

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