MUNICIPAL BOND INSURANCE
Owners of municipal bonds can purchase insurance on them.
Although municipal bonds are considered safe, some investors sleep better at
night knowing that their investments are protected against loss. We will
introduce you to municipal bond insurance in this tutorial. After reading
it, you should know the advantages of insuring, and you should be able to choose whether
you want your own insurance.
Let's begin with some explanations of why municipal bonds
are insured.