Investments & Financial Planning

What are Death backed bonds ?

Answer:

Death-backed bonds are bonds backed by loans of a policyholder against a life insurance policy. The policyholder will repay the loans while he or she is alive or with the benefits from the insurance policy upon death.
CPAdirectory
Answer Provided by: CPAdirectory

Share This Answer

Looking For More?

View all Investments & Financial Planning Questions

View More Questions