nonforfeiture value
[ non-fawr-fi-cher ]
/ nɒnˈfɔr fɪ tʃər /
noun Insurance.
any benefit, as cash or other form of insurance, available to a life-insurance policyholder who discontinues premium payments on the policy.
Also called
nonforfeiture benefit.
Origin of nonforfeiture value
Words nearby nonforfeiture value
nonfiction,
nonfiction novel,
nonfinite clause,
nonfinite verb,
nonflammable,
nonforfeiture value,
nonfreezing,
nonfulfillment,
nong,
nongonococcal urethritis,
nongovernmental