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单词 with-profit
释义

> as lemmas

with-profit(s)
d. with-profit(s) adj., of a life assurance policy: allowing the insured to receive a share of the profits of the insurance company, usually in the form of a bonus. Also applied to holders of such policies, the associated payments, etc. Cf. without-profit(s) at without prep. 7c.
ΘΚΠ
society > trade and finance > financial dealings > insurance > [adjective] > insurance policy types
tontine1790
whole-life1832
term1834
floating1839
all risks1885
third party1901
non-profit1905
knock for knock1906
stamped1913
warehouse to warehouse1922
without-profit(s)1924
with-profit(s)1924
loaded1928
unit-linked1966
no-fault1967
new-for-old1984
critical illness1986
1924 Tayler & Tyler Life Assurance ii. 19 Nearly all the offices transacting life assurance business issue two great classes of policy—(a) Those which share in the profits, known as ‘with-profit’ or ‘participating’ policies; and (b) Those which do not share in the profits, known as ‘without-profit’ or ‘non-participating’ policies.
1944 S. d'E. Colam Life Assurance for Agents 16 Premiums for with profit policies are larger than for without profit policies.
1950 Economist 18 Nov. 840/2 In trying to assess the relative merits of with-profit contracts, the only firm basis of comparison is the actual amount paid.
1961 Observer 10 Dec. 4/3 A modest writing-up of book values would add to the good times which with-profit-holders can expect in the future in the form of bumper bonuses.
1965 Economist 24 July p. xxii/2 These profits go to the with-profits policyholders, as well as the profits on the with-profits business itself.
1979 Financial Times 20 Jan. 7/6 If you are shopping around for a with-profits policy, take a look at how insurance brokers work out projections of maturity value.
1982 Equity & Law Life Assurance Co. Ann. Rep. 1981 16 The rate of terminal bonus depends on the year of entry as a with-profit benefit and is applied to the with-profit sum (or annuity) and attaching bonus.
extracted from withprep.adv.conj.
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更新时间:2024/11/10 22:26:00