Definition of "Nonforfeitability"

Cynthia Tant, PhD real estate agent
Cynthia Tant, PhD, Real Estate Agent Gulf Coast Home Experts, LLC

  1. provision in a CASH VALUE INSURANCE policy that an insured will receive the equity in some form even if the insurance is canceled.
  2. vested benefit to a retirement plan participant. It is enforceable against the plan.
 

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