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.
For example, you might. decide not to buy if you already have life insurance in a sufficient amount to pay back the loan if you die. before the money is repaid. But the choice is yours. Insurance that covers such a loan is known as credit life/credit disability. Some policies cover only life, some.