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

---

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

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 • May 23, 2022

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

To be sure, not everything is reverting to traditional policy.

From Los Angeles Times • Apr. 13, 2017

All these intellectual tendencies and reasonings of the later eighteenth century, therefore, combined to discredit the minute regulation of economic society, which had been the traditional policy of the immediately preceding centuries.

From An Introduction to the Industrial and Social History of England by Cheyney, Edward Potts