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.
Before the Sale. Borrowing from your Life insurance policy. First of all, some Life insurance policies let you borrow from your policyâs accumulated cash to pay for major expenses. That means, if you have a Permanent Life insurance policy, a part of the premium (the cash value) is set aside in an accumulation account.