{"data":{"id":"us-sc/s.c.-code-ann.-37-4-103","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 37-4-103","heading":"\"Consumer credit insurance\" defined.","body":"In this title \"consumer credit insurance\" means insurance, other than insurance on property, by which the satisfaction of debt in whole or in part is a benefit provided, but does not include:\n(a) insurance provided in relation to a credit transaction in which a payment is scheduled more than ten years after the extension of credit or insurance on which a payment is scheduled more than fifteen years after the extension of credit if the debt is secured by real estate;\n(b) insurance issued as an isolated transaction on the part of the insurer not related to an agreement or plan for insuring debtors of the creditor; or\n(c) insurance indemnifying the creditor against loss due to the debtor's default.","path":["Title 37 - CONSUMER PROTECTION CODE","CHAPTER 4 Insurance","Part 1 Insurance in General"],"source_url":"https://www.scstatehouse.gov/code/t37c004.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:09:24Z","sha256":"00c512743a38316ec17f4328615d8a48970df1bddf271c24b98a729285892968","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-37-4-102","next":"us-sc/s.c.-code-ann.-37-4-104"},"notice":"GroundRules: Original legal text. Not legal advice."}