paid-up policy — A life insurance policy in which all premiums that are due have been paid. Bloomberg Financial Dictionary * * * paid up policy paid up policy ➔ policy * * * paid up policy UK US noun [C] UK INSURANCE ► an insurance policy for which payments are… … Financial and business terms
paid-up policy — An endowment assurance policy in which the assured has decided to stop paying premiums before the end of the policy term. This results in a surrender value, which instead of being returned in cash to the assured is used to purchase a single… … Big dictionary of business and management
policy — pol‧i‧cy [ˈpɒlsi ǁ ˈpɑː ] noun plural policies 1. [countable] also inˈsurance ˌpolicy INSURANCE a contract with an insurance company, or an official written statement giving all the details of such a contract: • She did not realize that her… … Financial and business terms
policy — The general principles by which a government is guided in its management of public affairs, or the legislature in its measures. A general term used to describe all contracts of insurance. See policy of insurance. This term, as applied to a law,… … Black's law dictionary
policy of insurance — The parlance of the insurance business, the contract between the insured and the insurer. State ex rel. Sheets v Pittsburgh, Cincinnati, Chicago & St. Louis Ry. Co. 68 Ohio St 9, 67 NE 93. The formal document in which a contract of insurance… … Ballentine's law dictionary
Paid family leave — refers to leaves taken from work for the purpose caring for an ill family member or to care for a new child, during which the leave taker receives some level of financial support from the employer, an insurance policy, or a government program.… … Wikipedia
paid–up — adj: requiring no further payments a paid–up insurance policy Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
policy — I n. plan principle 1) to adopt, establish, formulate, set a policy 2) to adhere to, follow, pursue; carry out, implement a policy 3) to form, shape a policy 4) a cautious; clear, clear cut; conciliatory; deliberate; established, set; firm;… … Combinatory dictionary
policy — 01. It is the [policy] of our government that no one should be without food or shelter. 02. According to the attendance [policy] in this program, you must attend at least 80% of classes. 03. There is an expression in English which notes that… … Grammatical examples in English
paid-up insurance — Life insurance under a policy which shall continue in effect for the full period of the insured s life, the premiums having been fully paid so as to call for no further payment by the insured to keep the policy effective against lapse. Lenon v… … Ballentine's law dictionary
Paid Educational Leave Convention, 1974 — Infobox ILO convention code= C140 name= Paid Educational Leave Convention, 1974 adopt= June 24, 1974 force= September 23, 1976 classify= Paid Leave subject= Vocational Guidance and Training prev= Occupational Cancer Convention, 1974 next= Rural… … Wikipedia
