Review the latest industry standards promoted by the SCIC to regulate its members and protect consumers

The Service Contract Industry Council (SCIC), in addition to monitoring state and national legislative activities and educating businesses and consumers about the value and benefits of service contracts, works to contribute to legislative and administrative proceedings that affect the service contract industry.

Based largely on a model adopted by the National Association of Insurance Commissioners, the SCIC Model Act incorporates enhanced financial solvency standards for service contract providers which are designed to protect consumers. The SCIC Model also includes additional consumer disclosures and promotes balanced and consistent regulation of the service contract industry. A sample of our current model law document is available for download here.

SCIC member companies include a dedicated and professional base of prominent manufacturers, insurers, retailers, providers and administrators of service contracts. The multi-faceted member companies of the SCIC collectively offer approximately 80 percent of all appliance, consumer electronics, home, and vehicle service contracts sold in the U.S.