Government bodies located close to the bridge itself are who actually take out the insurance policy. It is a preventative measure to ensure that if something happens to the bridge, it will not be necessary to use a very significant amount of taxpayers money all at once on repairs.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
Bridge — This article is about the structure. For other uses, see Bridge (disambiguation). The Akashi Kaikyō Bridge in Japan, the world s longest suspension span … Wikipedia
Bridge bank — In the United States law of banking regulation, a bridge bank is a temporary bank organized by Federal bank regulators to administer the deposits and liabilities of a failed bank. Under the Competitive Equality Banking Act (CEBA) of 1987, the… … Wikipedia
Bridge to Breakwater — The Bridge to Breakwater is a defunct footrace held along the Los Angeles Harbor in San Pedro, California, featuring 12k and 5k distances. The race was run once, in 2006,cite web | url=http://www.dailybreeze.com/moresanpedro/articles/3872597.html … Wikipedia
Bridge Bank — A bank authorized to hold the assets and liabilities of another bank, specifically an insolvent bank. A bridge bank is charged with continuing the operations of the insolvent bank until the bank becomes solvent through acquisition by another… … Investment dictionary
Tacoma Narrows Bridge (1940) — This article is about the first Tacoma Narrows Bridge, which collapsed in 1940. For the article on the current bridges, see Tacoma Narrows Bridge. Tacoma Narrows Bridge The original Tacoma Narrows Bridge roadway twisted and vibrated violently… … Wikipedia
Forksville Covered Bridge — Geobox|Bridge name = Forksville Covered Bridge native name = category = National Register of Historic Places image size = 300 image caption = The Forksville Covered Bridge over Loyalsock Creek official name = Forksville Covered Bridge other name … Wikipedia
Northern Insurance Company of New York v. Chatham County — Supreme Court of the United States Argued March 1 … Wikipedia
National Insurance Academy — NIA Logo. The National Insurance Academy (NIA Pune also known as NIA) is situated in Pune, India. It is a capacity builder in Insurance Sector of Asia and Africa founded in 1980 by the Finance Department of the Indian government with capital… … Wikipedia
Glossary of contract bridge terms — These terms are used in Contract bridge , or the earlier game Auction bridge, using duplicate or rubber scoring. Some of them are also used in Whist, Bid whist, and other trick taking games. This glossary supplements the Glossary of card… … Wikipedia
Can Tho Bridge — Cần Thơ Bridge Other name(s) Cầu Cần Thơ Crosses Sông Hậu Giang (Bassac River) Locale Cần Thơ … Wikipedia