life fund
noun[C]
INSURANCEukusanamountofmoneythat ispaidto andinvestedbyinsurancecompaniesforlifeinsurance, and from whichmoneyispaidwhen someonedies:
It will usepartof thelifefundtodistributeanaverage£500 ofsharestopolicyholders.
| 单词 | life fund |
| 释义 | life fund noun[C] INSURANCEukusanamountofmoneythat ispaidto andinvestedbyinsurancecompaniesforlifeinsurance, and from whichmoneyispaidwhen someonedies: It will usepartof thelifefundtodistributeanaverage£500 ofsharestopolicyholders. Examplesoflife fundlife fund The profits are analogous to a surplus; they represent the surplus in the insurance company'slifefund. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 Therefore the admission of any badly underwritten life into thelifefundis automatically to the detriment of the existing shareholders. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 It is generally thought that the fees which were charged to thelifefundof the subsidiaries were excessive. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 Is he aware that some endowment policies sold by that company see £7 of growth in thelifefundbringing only 70p of benefit to investors? From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 Alifefundis managed and built up in an extremely careful and skilful way. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 The total of life funds at the end of 1973 was £20,200 million, with premium income of almost 3,000 million. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 Pension and life funds said that even if returns were good, political risk and image would deter them. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 At present a life assurance company is allowed to withdraw that sum when the accumulated life funds amount to£40,000. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 That statement confirmed the principle that the interests of policyholders and shareholders in with-profits life funds should generally stand in the ratio 90:10. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 That system is a very important safeguard for ensuring that life funds are properly managed and not exposed to undue risk. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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