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indexation
(redirected from index-linking)

   Also found in: Encyclopedia, Wikipedia 0.07 sec.
in·dex·a·tion  (ndk-sshn)
n.
The automatic adjustment of an economic variable, such as wages, taxes, or pension benefits, to a cost-of-living index, so that the variable rises or falls in accordance with the rate of inflation.

indexation or index-linking
Noun
the act of making wages, pensions, or interest rates index-linked
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.indexation - a system of economic regulation: wages and interest are tied to the cost-of-living index in order to reduce the effects of inflation
regulating, regulation - the act of controlling or directing according to rule; "fiscal regulations are in the hands of politicians"


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He says index-linking is not standard but you could apply to vary the maintenance upwards if you think it appropriate.
Your policy will most likely be kept up to date by index-linking your sum insured to take into account any changes that may take place in rebuilding costs.
 
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