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.
This can work two ways. It can be mortgage life insuranceâa policy which pays the loan if you are deceased, or it could be âmortgage insuranceâ which simply pays the bank if you default on the loan. Mortgage insurance is sometimes touted as protection in the event of the loss of your job or the onset of a disability.his can work two ways. It can be mortgage life insuranceâa policy which pays the loan if you are deceased, or it could be âmortgage insuranceâ which simply pays the bank if you default on the loan. Mortgage insurance is sometimes touted as protection in the event of the loss of your job or the onset of a disability.