state_legiscan_drain · SC
Contingent Deferred Annuities
January 28, 2026
Summary
This bill, enacted in the 2025 session, defines 'contingent deferred annuity' in South Carolina insurance law, adds exceptions to the standard nonforfeiture law for individual deferred annuities, and authorizes the Department of Insurance to promulgate regulations for nonforfeiture benefits for such annuities. It also makes a conforming change to the Managing General Agents Act.
Source: https://www.scstatehouse.gov/billsearch.php?billnumbers=0857&session=126&summary=B
Common questions
- What does "Contingent Deferred Annuities" cover?
- This bill, enacted in the 2025 session, defines 'contingent deferred annuity' in South Carolina insurance law, adds exceptions to the standard…
- When was it published?
- It was published on January 28, 2026.
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