traditional policy

British  

noun

1. a life assurance policy in which the policyholder's premiums are paid into a general fund and his investment benefits are calculated according to actuarial formulae Compare unit-linked policy

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Example Sentences

The site also retains the seemingly traditional policy of requiring that most its information derive from reliable secondary sources such as newspapers, not primary sources like an individual’s social media posts.

From Slate • Oct. 26, 2023

House of Lords issued a report that questioned why nudges were being favored over more traditional policy tools, like regulation.

From Salon • Mar. 22, 2022

To be sure, not everything is reverting to traditional policy.

From Los Angeles Times • Apr. 13, 2017

Mr. Jenkins said he had bought a traditional policy for himself and his wife.

From New York Times • Dec. 9, 2016

This excellent port had long been the goal of Austrian ambition, which sought an outlet to the Mediterranean, no less than the traditional policy of Russia was aimed at the occupation of Constantinople.

From The Story of the Great War, Volume I (of 8) Introductions; Special Articles; Causes of War; Diplomatic and State Papers by Churchill, Allen L. (Allen Leon)