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SECTION 38-5-50. Certain insurers may not be licensed to write life insurance.

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SC Code › Title 38 › Chapter 5 › Section 38-5-50

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

No insurer licensed to write any of the kinds of insurance listed in items (c), (d), (e), (f), (g), and (h) of Section 38-5-30 may be licensed to write life insurance. However, any life insurer licensed to transact other kinds of insurance immediately prior to March 18, 1964, shall continue to be so licensed if otherwise qualified.

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SECTION 38-5-50. Certain insurers may not be licensed to write life insurance. · S.C. Code Ann. § 38-5-50 | Frix