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.
â¢ A credit life policy is issued for an amount equal to how much you owe. â¢ As your loan balance decreases, so does the face amount of the credit life policy. â¢ If you die before the loan is fully repaid, the policy pays the lender an amount equal to what you still.