with-profits
adjective[before noun]
INSURANCEUKukusused todescribeaninsuranceagreementthatpaysanagreedamountand alsopaysashareof theprofitstheinsurancecompanyhas made:
More than £400bn isheldin with-profitsfunds.
Compare
without profits
单词 | with-profits |
释义 | with-profits adjective[before noun] INSURANCEUKukusused todescribeaninsuranceagreementthatpaysanagreedamountand alsopaysashareof theprofitstheinsurancecompanyhas made: More than £400bn isheldin with-profitsfunds. Compare without profits Examplesofwith-profitswith-profits However, life companies are increasingly also offering variable policies such as variable life policies, variable annuities,with-profitsendowment and unit (mutual fund) linked policies. From theCambridge English Corpus Myners (2001) discusses how the lack of information surrounding thewith-profitsfunds affects the level of competition in this market. From theCambridge English Corpus Participating orwith-profitsarrangements have a number of advantages in reducing the volatility of outcomes for individuals. From theCambridge English Corpus Secondly, if he takes out awith-profitspolicy he knows that—on face value at least—its value will increase. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 The analogy of a "with-profits" life insurance policy may be helpful. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 Traditionally, life insurance business is on awith-profitsbasis. 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 inwith-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 Those funds result from the build-up of successive reserves from years of over-cautious returns towith-profitspolicyholders. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 In fact, those mortgages are a bundling of two things—an interest-only mortgage and, behind it, awith-profitsendowment life policy. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 I should add that both have said that the particular characteristics ofwith-profitspolicies should be clearly explained to the investor. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 The value ofwith-profitsfunds depends on the interaction between annual bonuses over the lifetime of the policy and the level of terminal bonus. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 In terms of joint and last survivors of retirement annuities, one could not have awith-profitspolicy in respect of the spouse at that time. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 I am not convinced that we have gone as far as we could over the disclosure of expenses onwith-profitspolicies. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 Half of those people are in thewith-profitsfund and half are not. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 The review proposes reform towith-profitspolicies, and describes an "ideal model" ofwith-profitspolicy. 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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