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It may include marine insurance for shipwrecks or losses at sea or fidelity and surety insurance.
Surety insurance would replace Mr. England's pension should either Lockheed or General Dynamics stop paying it.
The decentralized bodies, state owned enterprises, national institutions of credit, national credit auxiliary organizations, national institutions and surety insurance and trusts, make up the government parastatal.
For years, Metropolitan Life was the lone provider of this type of surety insurance, and sold the policies for premiums of several thousand dollars, which the incoming officials paid themselves.
This type of policy, called surety insurance, has been required by the Senate Armed Services Committee since the end of World War II for top officials who also receive pensions from Pentagon contractors.