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

He added: “Ireland’s commitment to a rules-based international order with the U.N. Charter at its heart, and our traditional policy of military neutrality, do not inure us from the need to respond to this new reality.”

From New York Times

Nonetheless, he stuck to the traditional policy and maintained before the president’s comments that U.S.-Japan policy on the island was still the same.

From New York Times

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

From Salon

The Fed first started using large-scale asset purchases - also called quantitative easing, or QE - during the 2007-2009 financial crisis when it became evident that simply cutting short-term interest rates, its traditional policy lever, would not be sufficient on its own.

From Reuters