Bonds insurance
Insurance bonds are simple investments which allow investors to save for the long term. An investor may choose from funds, similar to mutual funds, offered by a life insurance company. The investment can be through a lump sum amount or regular remitted payments, as with a standard life insurance policy. The structure of insurance bonds can be as a whole life policy or a term life policy.
What is an Insurance Bond?
The insurance bond is an investment instrument offered by life insurance companies in the form of a whole life or term life insurance policy. Insurance bonds best suit investors who use them for estate planning or who are interested in long-term investing.