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.
A life insurance policy loan involves minimum paperwork to get started. Most of the time, your life insurance policy will have a section that defines exactly when and how you can borrow against your policy. Some policies allow you to borrow up to 90% of the cash value of your policy.