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South Carolina Guaranty Association Notice Emphasizes Limitations | ThinkAdvisor
The new South Carolina notice acknowledges the existence of SCLAHIGA but emphasizes the limitations of the association’s protection.
The South Carolina department warns in the notice, in capital letters, in boldface type, “COVERAGE MAY NOT BE AVAILABLE FOR YOUR POLICY.”
“Coverage is generally conditioned upon residence in this state,” the department says in the notice. “Other conditions that may preclude or exclude coverage are described in this notice. Even if coverage is provided, there are significant limits and exclusions.
The new South Carolina notice acknowledges the existence of SCLAHIGA but emphasizes the limitations of the association’s protection.
The South Carolina department warns in the notice, in capital letters, in boldface type, “COVERAGE MAY NOT BE AVAILABLE FOR YOUR POLICY.”
“Coverage is generally conditioned upon residence in this state,” the department says in the notice. “Other conditions that may preclude or exclude coverage are described in this notice. Even if coverage is provided, there are significant limits and exclusions.
