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.
Scenario #2:You borrow a car from someone and you ARE NOT on their policy. You are borrowing their insurance as well because insurance travels with the vehicle. You are covered only to the extent of the owner's policy and can be liable for the amount of the settlement that exceeds their coverage.