nonforfeiting
Adjective as in strong fondness
Word Combinations
Example:The new policy included a nonforfeiting clause that protected the family in case the policyholder couldn’t continue paying the premiums.
Definition:A provision in a life insurance policy that ensures the policyholder will not lose benefits if they are unable to pay premiums.
From nonforfeiting clause
Example:The nonforfeiting right of the beneficiaries ensures that they will receive the inheritance if the testator dies without a will.
Definition:A right that cannot be waived or lost, such as the right to claim benefits under a policy.
From nonforfeiting right
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