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.
Mortgage protection insurance is a life insurance policy designed to pay off your mortgage if you die during the term. It runs for the same length of time as your mortgage.So, if you take out a mortgage over 20 years, your mortgage protection insurance must also be in place for 20 years. If you die, your insurance company pays the policy benefit directly to your mortgage lender.enerally, mortgage protection is designed to pay off your mortgage if you die, not to provide a cash sum to your dependants (unless you get a â level-term policy'). So, you will usually need separate life insurance to provide for a cash lump sum if you have a dependant family.