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Glossary > W > "Without Profits" Definition

Without Profits

(Of life insurance policies) Not entitled to any bonus. The sum payable will only ever be the amount guaranteed in the policy however profitable the insurance company may be.

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Without Profits - (Of life insurance policies) Not entitled to any bonus. The sum payable will only ever be the amount guaranteed in the policy however profitable the insurance company may be.

Without Profits : (of life insurance policies) not entitled to any bonus. the sum payable will only ever be the amount guaranteed in the policy however profitable the insurance company may be.