With-Profits Policy

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With-Profits Policy

A chiefly British and Commonwealth term for a participating policy.
References in periodicals archive ?
On my first day of work, I took out a 10-year, with-profits life insurance policy, at an annual premium of 50 [pounds sterling], then as now $100, then but not now about 8 percent of my annual salary.
The company's with-profits life insurance funds will combine multi-managed investments with index tracking and its other funds will be multi-managed, Abbey said.