One important feature of a whole life policy is the nonforfeiture clause,which prevents the forfeiture of accrued benefits if you choose to drop the policy.

Question

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The nonforfeiture clause in a whole life policy ensures that the policyholder will not lose the accrued benefits, such as the cash value, if they decide to discontinue paying premiums on the policy.

One Important Feature of a Whole Life Policy Is the Nonforfeiture