Definitions for "Insurance Bond"
Lump sum investment into an investment fund, operated as a Life Insurance Policy with a Life Insurance Company administered under the Life Insurance Act 1908.
A collective investment structured by an insurance company. Similar to a Unit Trust or OEIC but with different tax treatment. Returns are usually quoted net of basic rate tax.
A single premium investment product, issued by life insurance companies or friendly societies, which operates in the same manner as a unit trust except that the return is provided to the investor net of tax.