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The history of life is not very difficult to understand.
Today, life insurance is simply a contract established between a person and an
insurance company that the company must pay the beneficiaries of the insured if
the insured dies. But where does the idea of death is insured? Who were the
first to put this idea into practice? What do they do if the amounts are not as
high as that of companies in the life insurance today? When did the current
life insurance industry? These are all very interesting questions and the fact
of the matter is that some of them can not be answered with a high degree, but
we know a lot about the history of this wonderful thing, now covers people in
the world.
History The first signs of life
Historians have sought the true beginning of a lifeinsurance as we know, but have decoded the first small steps that eventually
ended in the cash payment of the death benefit. Store by ancient Chinese
sailors Financial Network hackers steal their possessions carries many other
freighters prevent in this way, if a hacker stole the cargo of a ship, do not
lose the entire load. A little later in Babylon
traders simply loans that are returned when the work content is delivered
safely was granted.
So what does this have to do with life insurance? For these
two civilizations prevent losing everything. They made baby steps that would
help in the long run. Life insurance as we know, however, began in the city of Rome . The inhabitants of
this civilization decided to form what they called "burial clubs".
These clubs are designed for one purpose, to help in the event of an unexpected
death of a member of the club, everyone would pay their funeral expenses and
the family survive with little money. The concept of life insurance because
they knew that the spectacular end in 450 AD when the Roman Empire fell and
practices have been abandoned for a long time. It is also important to note
that many historians agree that about the same time, Rome, the empire of India
and its citizens as "burial clubs" to help pay for the funeral and
educated people with expenses. A key to this game shopper Financial Network is
the "Yogakshema the name of the Life Insurance Corporation of India
Headquarters" the Vedas.
Modern life insurance, but do not begin until the British
decided to try to make it work. The practice of life insurance was banded in
the entire European continent, with the exception of England and it was only
the British who are the largest life insurer known European countries started
today. It was the middle of the 17th Century decided the streets of London , England
History of life insurance in the United States
With the British know the basics of life and the things that
might help people such as life insurance, decided to try it in the United States of America .
After talking about how they decide to go on the first life insurance, decided
that the best currently known is the British model. The first life insurance
policy was founded on American soil in the colony of South Charleston , South Carolina
Some 20 years later saw the whole colonies, it was a good
idea when the Presbyterian Synod of Philadelphia has decided to sponsor the first
life insurance company in the United States, wrote their first policy year in
1761. The problem with life insurance at the time was that many, in contrast,
because religious groups that it is as if anticipating the death of the
religious zeal of the self and in the colonies of North
America would in time, but it proved a challenge to be all began.
The life insurance industry as we know it today really
started in 1840 settled because of religious groups, and not to interfere with
the government on matters. Another reason that life insurance companies found
in New York and Chicago Fire, which killed many people in both cities. Then
more and more life insurance companies began to come and in 1900 the company
has really grown. People want to be protected in the event of accidental death.
The year 1900 proved to be a period of growth in the life
insurance industry. Two wars have continued, and many people have decided to
make sure to establish a secure future for their families money. It is also
said that after an attack on the country that most people buy life insurance.
No one can resist simply because after Pearl Harbor ,
many people panicked and decided to open the political fear for their lives.
The same thing happens after the beginning of this century, when the attacks on
the World Trade Center
Today life insurance
As you can see life has a lot since it began moving in Rome and India .
Large companies have emerged with great interaction and the power of the world.
Companies that have a lot to say on both the economic and political world have
emerged. As you can see currently on the market is booming and there are many
life insurance companies that come to life. Who knows what will happen in the
future, but now the customer must be satisfied with his decisions and thousands
of businesses to choose from!
To find the best life insurance, so be sure and compare quotes
from several companies at the same time. Start searching for life insurance
quote today!
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