This policy guarantees the repayment of the principal and all associated interest payments to the bondholder in the event of default. Bond issuers will buy this type of insurance to enhance their credit rating in order to reduc...

Marine Insurance

Overview

Covers any mechanically propelled water borne vessels such as yachts, boats small crafts and ships against the perils of the sea such as collision and capsizing, including the engines and legal...

Fire Insurance

Professional indemnity insurance

This insurance indemnifies the Insured against any sums for which the Insured becomes legally liable as a direct result of any negligent act, error or omission made by him during the perfor...