S.C. Code § 38-63-20

Current through 2024 Act No. 225.

Section 38-63-20 - Misrepresentations to induce termination or conversion of life insurance policies

No insurer, or its employee or agent, may make any misleading representations or incomplete or fraudulent comparisons of any life insurance policies or insurers for the purpose of inducing, or which may tend to induce, any person to lapse, forfeit, surrender, terminate, return, or convert any life insurance policy.

S.C. Code § 38-63-20

1988 Act No. 374, Section 33; recodified as Section 38-63-20 by 1987 Act No. 155, Section 1; 1962 Code Section 37-144.1]; Former 1976 Code Section 38-9-50 [1956 (49) 1814; Former 1976 Code Section 38-63-20 [1985 Act No. 189, Section 1] recodified as Section 38-53-20 by 1987 Act No. 155, Section 1.