無む配はい当とう保ほ険けん

noun

non-participating insurance

Insurance policy that does not pay dividends to the policyholder; typically contrasted with 有配当保険 (participating insurance).

• 無む配はい当とう保ほ険けんは、配はい当とうがない分ぶん、保ほ険けん料りょうが割わり安やすになることが多おおい。

  Non-participating insurance often has lower premiums because it does not pay dividends.