- nonforfeiture option
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nonforfeiture option see option 4
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
nonforfeiture option
Look at other dictionaries:
Values — The worth of a nonforfeiture clause that specifies that an insured party would receive the equity from a life insurance policy, in the event that the policy were canceled because the premium payments were not made. The policy s value would be… … Investment dictionary
