Max Insurance Services

It's important to choose life insurance beneficiaries carefully to ensure that the right people are eligible to received proceeds from your policy.

Success is where preparation and opportunity meet. Bobby Unser

With Life Insurance a Non-Forfeiture Clause is a clause in an insurance policy with cash value that entitles the insured to all or a portion of the benefits, or a partial refund on premiums paid, if the insured person misses premium payments and the policy lapses as a result. This clause is usually only in effect for a limited period of time.