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South Carolina · Through 2025 Session of the General Assembly

S.C. Code Ann. § 38-63-240: Interest rate on insurance policy loans.

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Where this section sits in the code
  1. Title 38 - INSURANCE
  2. CHAPTER 63 Individual Life Insurance
  3. ARTICLE 3 Policy Forms

Life insurance policies issued after May 1, 1985, may not provide for policy loan interest rates of more than eight percent per annum, except as provided in SECTION 38-63-250.

Collected 2026-09-02T07:14:14Z. Source file · JSON

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