Meaning Of The Word Traditional policy

Real Dictionary

What's the definition of Traditional policy? Find Traditional policy meanings, definitions and more at the Real Dictionary online.

Traditional policy Meaning

Traditional policy Definition
Traditional policy Definition

What's The Definition Of Traditional policy?

traditional policy in British English
noun: a life assurance policy in which the policyholder's premiums are paid into a general fund and his or her investment benefits are calculated according to actuarial formulae

traditional policy in Insurance
noun: A traditional policy is a life insurance policy in which the policyholder pays premiums into a general fund and benefits are calculated using statistics.

More Definitions

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

Definitions Of The Day

  • Plasticize ‐ to make or become plastic; to render or become…
  • Microbalance ‐ an extremely sensitive balance, used to weigh…
  • Flypaper ‐ a sticky or poisonous paper set out to catch or…
  • Anesthetic to ‐ incapable of feeling or…
  • Absence ‐ the condition of being absent, or away; noun:…
  • Be a sore point with someone ‐ if a particular subject is a sore point with someone…
  • Lime green ‐ adjective: of a moderate greenish-yellow colour…
  • Overpitch ‐ verb: to bowl (a ball) so that it pitches too…
  • Protomorphic ‐ adjective: having a primitive character or structure…
  • Ingress ‐ the act of entering; noun: the act of going in…