- semitontine policy
- An endowment policy of life insurance. See tontine policy.
Ballentine's law dictionary. Anderson, W.S.. 1998.
semitontine policy
Look at other dictionaries:
semitontine — Tontine insurance Ton*tine in*su rance (Life Insurance) Insurance in which the benefits of the insurance are distributed upon the tontine principle. Under the old, or {full tontine}, plan, all benefits were forfeited on lapsed policies, on the… … The Collaborative International Dictionary of English
deferred dividend — Tontine insurance Ton*tine in*su rance (Life Insurance) Insurance in which the benefits of the insurance are distributed upon the tontine principle. Under the old, or {full tontine}, plan, all benefits were forfeited on lapsed policies, on the… … The Collaborative International Dictionary of English
free tontine — Tontine insurance Ton*tine in*su rance (Life Insurance) Insurance in which the benefits of the insurance are distributed upon the tontine principle. Under the old, or {full tontine}, plan, all benefits were forfeited on lapsed policies, on the… … The Collaborative International Dictionary of English
full tontine — Tontine insurance Ton*tine in*su rance (Life Insurance) Insurance in which the benefits of the insurance are distributed upon the tontine principle. Under the old, or {full tontine}, plan, all benefits were forfeited on lapsed policies, on the… … The Collaborative International Dictionary of English
Tontine insurance — Ton*tine in*su rance (Life Insurance) Insurance in which the benefits of the insurance are distributed upon the tontine principle. Under the old, or {full tontine}, plan, all benefits were forfeited on lapsed policies, on the policies of those… … The Collaborative International Dictionary of English
