Nonforfeiture values guarantee which of the following for the policyowner?

Nonforfeiture values guarantee which of the following for the policyowner?



Answer: That the cash value will not be lost. Because permanent life insurance policies have cash values, there are certain guarantees built into the policy that cannot be forfeited by the policyowner. Nonforfeiture values give the insured the right to the cash value even if the policy lapses or is surrendered.

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