Termination of or refusal to renew policy issued on franchise or wholesale plan.

S.C. Code Ann. § 38-65-320
in effect
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The right of the insurer to terminate or refuse to renew a life, term, or endowment insurance policy issued on the franchise or wholesale plan is limited to: (1) nonpayment of premium; (2) the insured has attained the age limit prescribed in the policy; (3) the employee's employment in the eligible classes or the member's membership in the eligible association terminates; (4) the insurer terminates or refuses to renew the insurance on all employees of a common employer or affiliated employers after sixty days' written notice; (5) participation in the plan falls below any percentage or minimum number specified by the policy.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t38c065.phpFetched: 10/17/2026

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