(1) No person may make or permit any unfair discrimination between individuals of the same class and equal expectation of life in the rates charged for any contract of life insurance or of life annuity or in the dividends or other benefits payable thereon or in any other of the terms and conditions of the contract.
(2) No person may make or permit any unfair discrimination between individuals of the same class and of essentially the same hazard in the amount of premium, policy fees, or rates charged for any policy or contract of disability insurance or in the benefits payable thereunder or in any of the terms or conditions of the contract or in any other manner.
HISTORY: Former 1976 Code Section 38-57-120 [1947 (45) 322; 1952 Code Section 37-1160; 1962 Code Section 37-1160; 1978 Act No. 585 Section 11] recodified as Section 38-7-40 by 1987 Act No. 155, Section 1; Former 1976 Code Section 38-55-120 [1947 (45) 322; 1952 Code Section 37-1202; 1962 Code Section 37-1212; 1964 (53) 2293] recodified as Section 38-57-120 by 1987 Act No. 155, Section 1.
Structure South Carolina Code of Laws
Section 38-57-10. Declaration of purpose.
Section 38-57-20. "Person" defined.
Section 38-57-30. Unfair methods and deceptive acts prohibited.
Section 38-57-40. Misrepresentation or false advertising of policies prohibited.
Section 38-57-50. False information or advertising as to insurance business prohibited.
Section 38-57-60. Fraudulently inducing insured to change, alter, or retain insurance prohibited.
Section 38-57-70. Misrepresentations in adjustment of claims prohibited.
Section 38-57-75. Vehicle glass repair procedures.
Section 38-57-80. False financial statements prohibited.
Section 38-57-90. Defamation prohibited.
Section 38-57-100. Boycotts, intimidation, and coercion prohibited.
Section 38-57-110. Coercion of business by sellers or lenders prohibited.
Section 38-57-150. Inducements prohibited; exception.
Section 38-57-160. Advertising gifts permitted.
Section 38-57-170. Free insurance or advertisement prohibited; exceptions.
Section 38-57-180. Insurance cost must be specified in sales and loans.
Section 38-57-200. Findings and order.
Section 38-57-210. Intervenor at hearing; judicial review at instance of intervenor.
Section 38-57-220. Immunity from prosecution.
Section 38-57-230. Violation of cease and desist order.
Section 38-57-240. Notice of levy and proceedings for collection.
Section 38-57-250. Filing order with clerk of court.
Section 38-57-260. Levy of execution; sheriff's fees.
Section 38-57-270. Remedies when fine not satisfied in full.
Section 38-57-280. Payment of fine under protest.
Section 38-57-290. Action for recovery of fine paid under protest.
Section 38-57-310. Limit of recovery against director or designee.