What is the difference between a guaranteed investment and an insured investment?

A guaranteed investment refers to an investment that provides a guaranteed rate of return for a specified period, regardless of market conditions. These investments are often provided by financial institutions and are designed to be lowrisk investments.

On the other hand, an insured investment refers to an investment that is protected by an insurance policy. This insurance policy provides protection to the investor against loss due to specific risks associated with the investment.

In summary, a guaranteed investment guarantees a fixed rate of return, while an insured investment provides protection against specific risks associated with the investment.