nonforfeiture benefit

noun
non·​forfeiture benefit | \ "+- \
variants: or nonforfeiture value

Definition of nonforfeiture benefit

: a benefit (as in cash or insurance) received by a policyholder who after making premium payments for at least the minimum period as provided wishes to discontinue further premium payments

Love words?

You must — there are over 200,000 words in our free online dictionary, but you are looking for one that’s only in the Merriam-Webster Unabridged Dictionary.

Start your free trial today and get unlimited access to America's largest dictionary, with:

  • More than 250,000 words that aren't in our free dictionary
  • Expanded definitions, etymologies, and usage notes
  • Advanced search features
  • Ad free!

Learn More About nonforfeiture benefit

Dictionary Entries Near nonforfeiture benefit

nonforfeiture

nonforfeiture benefit

nonforfeiture law

See More Nearby Entries 

Statistics for nonforfeiture benefit

Cite this Entry

“Nonforfeiture benefit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/nonforfeiture%20benefit. Accessed 18 Oct. 2021.

Style: MLA
MLACheck Mark Icon ChicagoCheck Mark Icon APACheck Mark Icon Merriam-WebsterCheck Mark Icon

WORD OF THE DAY

Test Your Vocabulary

Difficult Spelling Words Quiz

  • alphabet pasta spelling help
  • Which is the correct spelling?
How Strong Is Your Vocabulary?

Test your vocabulary with our 10-question quiz!

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!