S.C. Code § 38-71-640

Current through 2024 Act No. 225.

Section 38-71-640 - Person with insurable interest may take out policy on insured

The term "insured" as used in this article may not be construed as preventing a person other than the insured, with a proper insurable interest, from making application for and owning a policy covering the insured or from being entitled under such a policy to any indemnities, benefits, and rights provided therein.

S.C. Code § 38-71-640

1962 Code Section 37-478] recodified as Section 38-71-640 by 1987 Act No. 155, Section 1; Former Code Section 38-35-490 [1956 (49) 2029.