South Carolina Legislature


 

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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




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