Are civil unions recognized in the insurance industry?
Yes, civil unions are recognized in the insurance industry in South Carolina. The South Carolina Department of Insurance issued a bulletin in 2011 that made clear that civil unions needed to be treated as marriages when it comes to insurance. This meant that when selling or providing insurance policies that provide spousal benefits or survivors’ benefits, companies must offer those same benefits to civil unions and married couples equally. Insurers must also treat civil unions for taxation purposes as marriages when offering benefits like health insurance coverage. For example, employers may allow same-sex couples who are in a civil union to be considered married in order to offer them the same tax breaks that married couples receive on health insurance premiums. Civil unions in South Carolina are also recognized when relating to inheritance. A person in a civil union may inherit the estate of their partner without further proceedings. This means that the partner in the civil union would have the same legal rights to an estate as if they were married. In conclusion, civil unions in South Carolina are legally recognized in the insurance industry. Insurers must treat civil unions as marriages when offering spousal benefits or survivors’ benefits. They must also offer the same tax breaks if a same-sex couple in a civil union is offered health insurance coverage. Furthermore, civil unions are recognized for inheritance proceedings, providing the partner in the civil union with the same legal rights as if they were married.
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