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

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

From New York Times ● Dec. 9, 2016

Still many were in favour of supporting the Shogunate in order to enable it to carry through its traditional policy of seclusion.

From An Introduction to the History of Japan by Katsuro Hara

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