• Investment Guarantee Agreement (GIIC) is an agreement between an investor and an insurance company.
  • The insurer guarantees the investor a rate of return in exchange for keeping the deposit for a certain period of time.
  • Investors attracted to the GIC are often looking for a replacement savings account or US Treasury securities.
  • GIC is a conservative and stable investment and maturities are usually short.
  • GIC values can be affected by inflation and deflation.