Definition of "nonforfeiture" []

• Lack of forfeiture; failure to forfeit, or exemption from forfeiting. (noun)

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• "Life insurance includes policies that provide endowment benefits, accidental death benefits, nonforfeiture benefits and optional settlement provisions."
• "States passed nonforfeiture laws, mitigated the rules and clauses that made policies void if an applicant made false or misleading statements, and even controlled the methods of marketing insurance.11"
• "If you still have to drop your policy, check if your policy has a nonforfeiture clause -- not all do."