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 best reason to consider whole-life or universal-life insurance isnât the accumulating cash value, although thatâs part of the deal. The real issue is whether youâll need coverage beyond 20 or 30 years -- or after age 65, when term gets expensive.lso consider how many years youâll need insurance. If youâre in fine physical shape, you can buy a new policy and lock in the price for 20 years. Because prices for term have been dropping steadily, you may not pay much more to extend your coverage if you reshop in, say, five years.