Nonforfeitability | Insurance Glossary

Definition of "Nonforfeitability"

Kinsey & Keith Schulz

Great Rock Realty LLC

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

Report showing sources of income and expenses of an individual. ...

Act in which volunteers of nonprofit organizations and government entities do not incur liability if ...

The angle of a roof in relation to its horizontal axis expressed as a ratio of inches (cmm) per f ...

Phrase formerly used to describe coverage for perils of accident and sickness. ...

Rentals received in cash rather than on credit. ...

Need for an insurance policy to be paid up or to be paid for a minimum number of years before the in ...

A life insurance policy can help enable your family to remain financially if you or your spouse shou ...

A lien is a claim against a property. ...

Freddie Mac is a name for the Federal Home Loan Mortgage Corp., which is a financial corporation cha ...

It is where you live and where your possessions are. Chances are, it\'s your asset. But more than po ...

Cooperative is a form of home ownership in which you own shares in a corporation. In return for the ...

A down payment is the money you pay up front for the purchase of a home. ...

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