participating insurance
noun
insurance in which the policyholders receive dividends and share in the surplus earnings of the company.
Origin of participating insurance
First recorded in 1950–55
Words nearby participating insurance
participaction,
participance,
participant,
participant observation,
participate,
participating insurance,
participating preferred,
participation,
participatory democracy,
participial,
participialize
British Dictionary definitions for participating insurance
participating insurance
noun
a system of insurance by which policyholders receive dividends from the company's profit or surplus