Contractual benefits allowed; persons covered.

S.C. Code Ann. § 38-38-310
in effect
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(A) A society may provide the following contractual benefits in any form: (1) death; (2) endowment; (3) annuity; (4) temporary or permanent disability; (5) hospital, medical, or nursing; (6) monument or tombstone benefits to the memory of deceased members; and (7) other benefits as authorized for life insurers under this title, provided the benefit is: (a) offered in compliance with the requirements of this title, and (b) consistent with this chapter. (B) A society shall specify in its rules those persons who may be issued, or covered by, the contractual benefits in subsection (A), consistent with providing benefits to members and their dependents. A society may provide benefits on the lives of children under the minimum age for adult membership upon application of an adult person.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t38c038.phpFetched: 10/17/2026

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