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participating insurance

noun
1.
insurance in which the policyholders receive dividends and share in the surplus earnings of the company.
Origin
1950-1955
1950-55
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for participating-insurance

participating insurance

noun
1.
a system of insurance by which policyholders receive dividends from the company's profit or surplus
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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20
25
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