H 2602 Session 107 (1987-1988)
H 2602 General Bill, By B.E. Thrailkill, K.E. Bailey, J. Brown, Elliott,
F. Gilbert, D.N. Holt, W.H. Jones, H.E. Pearce, Sharpe, Washington and
L.S. Whipper
A Bill to amend the Code of Laws of South Carolina, 1976, by adding Section
38-9-380 so as to prohibit insurers writing term life insurance from reducing
the principal amount payable under a term policy unless the premium has
remained the same since the inception of the policy and to provide that a term
policy may not be terminated because of age except for nonpayment of premium.
03/04/87 House Introduced and read first time HJ-834
03/04/87 House Referred to Committee on Labor, Commerce and
Industry HJ-834
05/12/87 House Tabled in committee
|