{"data":{"id":"us-sc/s.c.-code-ann.-38-65-120","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 38-65-120","heading":"Interest on payment; when required.","body":"When a group life insurance policy provides for payment of its proceeds in a lump sum upon the death of an insured and the insurer fails to pay the proceeds within thirty days of submission of proof of death, the payment must include interest at the legal rate of interest from the date of death of that insured until the date the claim is paid.","path":["Title 38 - INSURANCE","CHAPTER 65 Group Life Insurance","ARTICLE 1 General Provisions"],"source_url":"https://www.scstatehouse.gov/code/t38c065.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:14:19Z","sha256":"ee2117e9e2eb3eeee5c477dbddfc73484099a4cdedfeb7f83a5a759b7af1bb5d","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-38-65-110","next":"us-sc/s.c.-code-ann.-38-65-130"},"notice":"GroundRules: Original legal text. Not legal advice."}