Meaning Of The Word Equity-linked policy
What's the definition of Equity-linked policy? Find Equity-linked policy meanings, definitions and more at the Real Dictionary online.
Equity-linked policy Meaning
| Equity-linked policy Definition |
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What's The Definition Of Equity-linked policy?
equity-linked policy in British English
noun: An equity-linked policy is an insurance policy in which part or all of the premiums are invested in ordinary shares for the benefit of the beneficiaries of the policy. noun: an insurance or assurance policy in which premiums are invested partially or wholly in ordinary shares for the eventual benefit of the beneficiaries of the policy |
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