Charleston, SC Sales Tax Rate. The current total local sales tax rate in Charleston, SC is 9.000%. The December 2017 total local sales tax rate was also 9.000%. Sales Tax Breakdown
Thus, borrowing money against a term life insurance policy is not possible most of the times, it is still recommended discussing it with the insurance company. During the discussion, first, a policy holder needs to ask his or her agent if borrowing is even a possibility.
The Lender may require an escrow account for the payment of the premiums on the life insurance policy. Yes. First, the policy owner must make sure that the life insurance company will allow for the policy to be used as collateral âsecurityâ for a loan.