Franchise or wholesale life insurance policies may not be used to supplement group life insurance on the same lives.
S.C. Code Ann. § 38-65-350
Franchise or wholesale plan policies may not be used to supplement group life insurance
Former 1976 Code SECTION 38-31-150 [1962 Code SECTION 37-312.4; 1969 (56) 699] recodified as SECTION 38-65-350 by 1987 Act No. 155, SECTION 1.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.