index-linked

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index-linked

(of wages, interest rates, etc.) directly related to the cost-of-living index and rising or falling accordingly
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You are able to withdraw your cash early if you really need to, but any certificates that are cashed in during the first year of investing will not earn any index-linking.
But no index-linking will be added to the policy either, although it will still benefit from a guaranteed compound rate of interest.
A new survey reveals that 20 per cent of contents policies and seven per cent of buildings policies do not offer automatic increases in the amount of cover, either through index-linking or through offering higher sums insured.