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 renewable Term Life insurance policy allows the policyowner the right to renew the policy. at anytime the policyowner chooses. as many times as the policyowner chooses. paying the same premium as before the renewal. without producing proof of insurability.