Insurance Bond
An Insurance Bond is a Life Assurance that ...
- …
- Counter-Example(s):
- See: Offshore Financial Centre, With-Profits Policy, Unitised Insurance Fund.
References
2014
- (Wikipedia, 2014) ⇒ http://en.wikipedia.org/wiki/Insurance_bond Retrieved:2014-6-22.
- An insurance bond (or investment bond) is a single premium life assurance policy for the purposes of investment.
Due to tax laws they are a common form of investment in the UK and some offshore centres.
Traditionally insurance bonds were with-profits policies and were often called with-profit(s) bonds. Since the introduction of unitised insurance funds they have often been marketed as unit-linked bonds or investment bonds.
- An insurance bond (or investment bond) is a single premium life assurance policy for the purposes of investment.