10 ENGLISH BOOKS RELATING TO «NONFORFEITURE»
Discover the use of
nonforfeiture in the following bibliographical selection. Books relating to
nonforfeiture and brief extracts from same to provide context of its use in English literature.
1
Life Insurance: A Consumer's Handbook
The laws introduced to require cash values for terminating policyowners were
thus called "nonforfeiture laws." Similarly, the various ways in which terminating
policyowners could obtain their cash values were called "nonforfeiture options" or
...
2
Contemporary Mathematics for Business and Consumers
The amount of cash value that has accumulated to that point is based on the size
of the policy and the amount of time it has been in force. Most policies give the
policyowner three choices, known as nonforfeiture options. Option 1—Cash
Value ...
3
Actuarial Aspects of Individual Life insurance and Annuity ...
The term “nonforfeiture” actually comes from the intention of early regulation
designed to protect policyholders from the “forfeiture” of the equity they had built
up in their insurance and annuity contracts. The term equity here refers (for life ...
Albert Easton, FSA, MAAA, Timothy Harris, FSA, MAAA, Noel Abkemeier, FSA, MAAA,
2014
Nonforfeiture Values Nonforfeiture values are amounts stipulated in a life
insurance policy that protect the cash value, if any, in the event that the
policyholder chooses not to pay or fails to pay the required premiums. The policy
owner can ...
E. Thomas Garman, Raymond Forgue,
2011
NONFORFEITURE BENEFITS GLTCI plans are often sold with a nonforfeiture
benefit available as an option, or included in the base coverage. A nonforfeiture
benefit allows an insured who voluntarily terminates or lapses coverage to
receive ...
6
Persons with Disabilities: Issues in Health Care Financing ...
Nonforfeiture. Instead of trying to prevent lapses, nonforfeiture benefits seek to
ensure that people receive some value for the equity they have built up in their
policies. Nonforfeiture benefits allow policyholders to receive some value for their
...
Joshua M. Wiener, Steven Boyd Clauser, David L. Kennell,
1995
7
Life Insurance & Modified Endowments: Under Internal Revenue ...
As Table III-2 indicates, the minimum interest rates mandated under sections
7702 and 7702A have not changed, while the maximum nonforfeiture rates have
declined. The difference between the maximum permissible nonforfeiture rate
and ...
8
Kiplinger's Personal Finance
That guaranteed value is available in three forms, known as nonforfeiture values,
in ordinary life and endowment policies (but not in most term policies). The basic
nonforfeiture value is the cash value. The other two forms give you the ...
9
Wisconsin Statutes, 1961: Embracing All General Statutes ...
i_.i__ _ or if it is continued under any paid-up nonforfeiture benefit which became
effective on or after the third policy anniversary in the case of ordinary insurance
or the fifth policy anniversary in the ease of industrial insurance, the company ...
Wisconsin, James J. Burke,
1962
T. FOUR. OPTIONS. PROVIDING. THE. INSURED. WITH. CHOICES. The
following four general requirements provide the insured with choices: > dividend
options > nonforfeiture options > policyholder loans >• settlement options ...
多尔夫曼, Mark S. Dorfman,
1998
10 NEWS ITEMS WHICH INCLUDE THE TERM «NONFORFEITURE»
Find out what the national and international press are talking about and how the term
nonforfeiture is used in the context of the following news items.
Ninth Circuit Finds Bonus Indexed Annuity Delivers Exactly What …
... the use of a "market value adjustment," and the insurer's alleged attempt to evade state nonforfeiture laws through its application of maturity ... «JD Supra, Jun 15»
2015 Douglas County Spelling Bee: Word list 7
... before a magistrate duly authorized that makes the performance of some act the condition of nonforfeiture and that is witnessed by the record. «NRToday.com, Dec 14»
NAIC 2014 Fall National Meeting and Congressional hearing on …
Both the Working Group and the Life Actuarial (A) Task Force (LATF) are considering whether to require CDAs to include nonforfeiture values ... «Lexology, Nov 14»
State Roundup
... was most recently amended in June 2000); the Standard Nonforfeiture Law for Individual Deferred Annuities (MDL 805 — most recently revised in April 2003); ... «Annuity Outlook Magazine, Sep 14»
Structured product annuities pose challenges for regulators
... insurance laws to accommodate these structured product annuities and where they stand with respect to reserving and nonforfeiture laws. «InvestmentNews, Jul 14»
What's New With Long-Term Care Insurance?
... that allow you to increase coverage later in life and/or "contingent nonforfeiture" clauses that enable you to pare back benefits to keep future ... «Fox Business, May 14»
NAIC report: 2014 spring national meeting
The CDA WG again considered whether to study the merits of imposing a minimum nonforfeiture benefit requirement on CDAs, but ultimately ... «Lexology, Apr 14»
Genworth Financial Inc. - Special Call
... a nonforfeiture option so all the premiums they've paid-in up to that point can be used down the road for the claims if they should have them. «Seeking Alpha, Dec 13»
Do You Need Long-term Care Insurance?
Then there's the contingent nonforfeiture benefit, which looks something like this, says Nyhan, hypothetically speaking: the long-term care policy owner doesn't ... «New Hampshire Magazine, Nov 13»
What Are Life Insurance Nonforfeiture Rates?
Instead, once you pass the initial surrender period, you will receive some portion of your policy's cash value and its death benefits based on the nonforfeiture ... «Zacks.com, Oct 13»