| 单词 | equity-linked policy |
| 释义 | equity-linked policy in British Englishnoun an insurance or assurance policy in which premiums are invested partially or wholly in ordinary shares for the eventual benefit of the beneficiaries of the policy equity-linked policy in Insurance (ɛkwɪti lɪŋkt pɒlɪsi) Word forms: (plural) equity-linked policies noun (Insurance: Life insurance) policyAn equity-linked policy is an insurance policy in which part or all of the premiums are invested in ordinaryshares for the benefit of the beneficiaries of the policy. The payoff of an equity-linked policy depends on the performance of the shares invested in. Unlike traditional life insurance policies, which provide a fixed benefit, the equity-linked policy transfers the full investment risk to the policyholder. An equity-linked policy is an insurance policy in which part or all of the premiums are invested in ordinaryshares for the benefit of the beneficiaries of the policy. |
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