{"data":{"id":"us-sc/s.c.-code-ann.-38-63-280","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 38-63-280","heading":"Written disclosures.","body":"At the time an insurer makes a policy or premium loan that provides for periodic adjustment of policy or premium loan interest rates, the insurer shall provide a separate written disclosure form to the policyholder using plain understandable language that:\n(a) Provides an explanation of the dollar impact on policy or premium loans when the adjustable interest rate moves up or down.\n(b) Provides an explanation of the impact of a policy or premium loan on the benefits payable to the policyholder upon the death of the insured if a policy or premium loan remains unpaid at the time of death of the insured.","path":["Title 38 - INSURANCE","CHAPTER 63 Individual Life Insurance","ARTICLE 3 Policy Forms"],"source_url":"https://www.scstatehouse.gov/code/t38c063.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:14:14Z","sha256":"8e292683d588b6d1b064ac85c268654ffc4a7e0cf3b0df516f23eac987eed17d","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-38-63-270","next":"us-sc/s.c.-code-ann.-38-63-510"},"notice":"GroundRules: Original legal text. Not legal advice."}