During the Buddhist holiday of Tet, over 80,000 Vietcong troops emerged from their tunnels and attacked nearly every major metropolitan center in South Vietnam. Surprise strikes were made at the American base at Danang, and even the seemingly impenetrable American embassy in Saigon was attacked.
What is 'Accidental Death And Dismemberment Insurance - AD&D'. Accidental death and dismemberment insurance (AD&D) is a rider attached to a health insurance or life insurance policy covering death by accidental means and dismemberment, including the loss of or the loss of use of body parts or functions (meanings limbs, speech, eyesight or hearing).
DEFINITION of 'Bond Insurance'. A type of insurance policy that a bond issuer purchases that guarantees the repayment of the principal and all associated interest payments to the bondholders in the event of default.Bond issuers buy insurance to enhance their credit rating to 'AAA' in order to reduce the amount of interest that it needs to pay.REAKING DOWN 'Bond Insurance'. Once bond insurance has been purchased, the issuer's bond rating will no longer be applicable and instead, the bond insurer's credit rating will be applied to the bond instead.