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participating insurance
par·tic·i·pat·ing in·sur·ance


noun 
Definition:
 
U.K. profit-sharing insurance: insurance in which the policyholders are entitled to a dividend from the insurance company's profits
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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