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

See Examples For:

traditional policy

Hybrid long-term-care insurance can be pricier than a traditional policy.

From MarketWatch ● Sep. 18, 2026

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

Senior administration officials have been mulling the cut since last year, although a person briefed on the planning said that it had not been vetted by the National Security Council’s traditional policy deliberation process.

From New York Times ● Jun. 5, 2020

In 1885 the former government reverted to its traditional policy, and the Hay-Pauncefote Treaty of 1902, which replaced the Clayton-Bulwer Treaty, adopted the rule of neutralization for the Panama Canal.

From Encyclopaedia Britannica, 11th Edition, Volume 6, Slice 4 "Cincinnatus" to "Cleruchy" by Various