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participating insurance

noun

  1. insurance in which the policyholders receive dividends and share in the surplus earnings of the company.


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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Word History and Origins

Origin of participating insurance1

First recorded in 1950–55

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participateparticipating preferred