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South Carolina Life Insurance: What you need to know

Employers have no obligation under South Carolina law to offer life insurance to their employees. However, if group life insurance is among the benefits offered to workers, certain minimum requirements must be satisfied (SC Code Sec. 38-65-40et seq.).
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Group characteristics. The group to be insured must consist of at least two people. Group members need not necessarily all be employed by the same organization, but the group must have been formed for some reason other than merely to obtain life insurance.
Employer/employee contributions. Employers are not required to make any contribution toward the cost of group insurance.
Insurability. In groups consisting of 25 or more people, the insurer may not require evidence of insurability from individuals who enroll within the first 31 days after becoming eligible for coverage except if the insurance being applied for is supplemental to the basic coverage.
Dependents. Employees have the right to elect coverage to insure their spouses and dependent children under 19 or under 25 if full-time students. There is no age restriction on the coverage of children who are incapable of self-support because of a physical or mental handicap and are chiefly dependent on the employee.
Disability extension. If active employment is a condition of insurance, a policy may provide that an insured may continue coverage for 6 months while on total disability by timely payment to the policyholder of that portion, if any, of the premium that would have been required from the insured had total disability not occurred.
Conversion. Employees, as well as their spouses and minor children, are guaranteed the right to convert group coverage to an individual policy in the event that ...

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