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Bond insurance is a type of insurance that issuers of a bond can pay a third party a premium service, that will provide interest and capital repayments as stated in the bond in the event of the issuer failing to do so. The reason of this is to raise the rating of the bond to that of the insurer, since a bond insurer's credit rating must be impeccable.
by wringle
10-14-2010 05:17 PM Go to last post
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Guaranteed asset protection insurance a.k.a GAP Insurance is coverage offered as a supplement to vehicle insurance policies. It is a type of financial protection that covers certain losses that are not covered by generic automobile insurance.
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Public auto insurance a type of vehicle insurance offered by governments in certain countries.
by martin
01-10-2012 06:41 AM Go to last post
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