Protected Cell an insurance linked security retained within the insurance or reinsurance company and is used to insulate the proceeds of the securities offering from the general business risks of the insurer, granting an additional comfort level for investors of the securitized instrument. What is Protected Cell , What does mean Protected Cell , Insurance Guide, Insurance Glossary
Property coverage protecting the insured against loss or damage to real or personal property from a variety of perils, including but not limited to fire, lighte... more
