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British Dictionary definitions for unit-linked policy

unit-linked policy

noun
  1. a life-assurance policy, the investment benefits of which are directly in proportion to the number of units in a unit trust purchased on the policyholder's behalfCompare traditional policy
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012