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Section 69-64 - Exempt Commercial Policies A. Purpose: The purpose of this regulation is to establish the definition of "exempt commercial policies" as provided by Section 38-1-20(40) and referred to in Sections 38-73-340 and 38-73-520 and to explain the effect of the exemption.
No insurer may offer a new property policy to or renew an existing policy of an insured that includes a hurricane, named storm or wind/hail deductible unless the insurer: (1) includes an example which illustrates how the deductible functions for a policy valued at $100,000 and this illustration will include a clear ...
Is Health Insurance Required? The Affordable Care Act requires South Carolina residents to have health insurance. Previously, the residents who did not have health insurance were subject to a federal tax penalty for foregoing health insurance. However, this tax penalty has been done away with.
An advertisement shall not contain a recommendation by any commercial rating system unless it clearly indicates the purpose of the recommendation and the limitations of the scope and extent of the recommendation. Section 17.
No insurer may offer a new property policy to or renew an existing policy of an insured that includes a hurricane, named storm or wind/hail deductible unless the insurer: (1) includes an example which illustrates how the deductible functions for a policy valued at $100,000 and this illustration will include a clear ...
Section 69-47 - Private Review Agents I. Purpose. The purpose of this regulation is to implement and enforce the provisions and statutory requirements contained in Act 311 of 1990 and to establish applicable fees and standards for private review agents operating in South Carolina. II.
The purpose of this regulation is to provide rules for life insurance policy illustrations that will protect consumers and foster consumer education.