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.
Mortgage protection insurance. Purchase a term life insurance policy for at least the amount of your mortgage. Then, if you pass away during the term when the policyâs in force, your loved ones receive the face value of the policy. They can use the proceeds to pay off the mortgage. Proceeds that are often tax free.