investment bond

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Related to Insurance bond: Monolines

investment bond

n
(Insurance) a single-premium life-assurance policy in which a fixed sum is invested in an asset-backed fund
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References in periodicals archive ?
He requested the CM Sindh to approve 15 percent interest free advanced mobilisation on insurance bond and SRB.
Deposits and Guarantees required: It should be paid deposit of 5% (five percent) of the contract price and will be paid by cash deposit or securities issued or guaranteed by the State, or by bank guarantee on first demand or insurance bond to the first request.
Credit Suisse (NYSE: CS) has announced a plan to cover its risks by issuing a new type of insurance bond.
1 mil insurance bond transfers and extensive client list .
Oscar-winner Gibson, 55, helped Downey rebuild his career after a five-year roller-coaster of drug addiction and arrests left him uninsurable, casting him in the 2003 film The Singing Detective and paying his insurance bond.
He spent four nights at New York's notorious Rikers Island jail and was released on $1 million (BD378,000) bail and $5m insurance bond.
The judge also said Strauss-Kahn must have a one armed guard with him at all times, at his own expense, and a $5 million insurance bond.
And he ordered the international banker and diplomat to take out a $5million insurance bond.
Strauss-Kahn, who resigned his IMF post on Wednesday, will also have to take out a $5m insurance bond.
Strauss-Kahn, who is current under house arrest in a Manhattan apartment after having posted a $1-million bail and an additional insurance bond of $5-million.
He said that accepting insurance bond was included in the bidding rules for capacity building of the contractors as they do not have many resources or property to offer as collateral to financial institutions.
Q: Are insurance bond investments covered by the compensation scheme if the insurance company fails?

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