What Does Forfeiture of Vested Benefits Mean?

Free Business Insurance Quote Click Here
What does Forfeiture of Vested Benefits mean? Read on to discover the definition & meaning of the term Forfeiture of Vested Benefits - to help you better understand the language used in insurance policies.

Forfeiture of Vested Benefits

Forfeiture of Vested Benefits

Forfeiture of vested benefits, in the context of insurance, refers to the legal process of taking from a beneficiary the rights to the benefits of a plan that they would have been entitled to. It may occur due to some sort of breach of contract or failure to meet certain conditions as stipulated in the policy.

We hope the you have a better understanding of the meaning of Forfeiture of Vested Benefits.

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z


Free Business Insurance Quote Click Here