One important feature of a whole life policy is the nonforfeiture clause.

Name: One important feature of a whole life policy is the nonforfeiture clause.
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Quizplus · Accepted Answer

The nonforfeiture clause is an important feature of whole life insurance. It guarantees that a policyholder will receive some form of benefit, even if they stop paying premiums. This can include a reduced paid-up policy or cash surrender value.

One Important Feature of a Whole Life Policy Is the Nonforfeiture