With-Profits Policy

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With-Profits Policy

A chiefly British and Commonwealth term for a participating policy.
References in periodicals archive ?
As a result, his dispute was with the IFA, who advised him to take out the with profits policy in the first place, and not the insurance company that ran it.
Peter McNamara, chief executive of the Birmingham-based Wesleyan, said: 'This guide will give with profits investors guidance on the factors they should consider when taking out a with profits policy.