Requirements Every service contract provider is required to renew its license by October 1 of each year. The following information must be submitted to the Department by October 1. Renewals received after October 1st are subject to administrative disciplinary action.
All signatures and documents must be original. Documents with reproduced or stamped signatures will not be accepted. Faxed documents will also not be accepted. All questions must be thoroughly answered. Improperly completed or incomplete renewal applications will not be accepted and may be returned.
If the fee and completed application is not received in the department by October 1, the license must be canceled. The license will be placed in an inactive status and the provider will be prohibited from marketing, selling or issuing any new service contracts in South Carolina.
The application must be signed by: the president if the administrator is a corporation; a partner if the administrator is a partnership; or the individual proprietor in the case of a sole proprietorship. The information furnished on the application must be given under oath. The application must disclose a contact person. Incomplete or improperly competed applications will not be accepted.
Renewal Fee of $200
Service Contract Biographical Affidavit, which is attached to the License Renewal Application, Form 1030rn