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

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

From New York Times • Dec. 9, 2016

All these factors combined to bring major changes in the traditional policy of encouraging immigration.

From Textbooks • Jan. 1, 2016

It was the traditional policy of the Tartar to check the Russian princes the one by the other, to feed their dissensions, to cause their forces to equiponderate, and to allow none to consolidate himself.

From Secret Diplomatic History of The Eighteenth Century by Marx, Karl