Tag: History of Insurance

History of Insurance; Today What Insurance Is as you know, it is a way of protecting yourself against life-threatening risks like car accidents, fires or burglary. Some kinds of insurance pay you money if you become too sick to work or even pay your family money If you die. Insurance can also be seen as a contract where you obtain financial protection or payback from losses from an insurance company. History Of Insurance : The Origin of Insurance Industry History of Insurance; How Insurance Started Ever since the dawn of time the concept of insurance, that is, the awareness of risk has been in existence. It could be seen in the actions of the peoples of the old when for example they moved merchandise in several separate campers in order to prevent losing the entire load to plun...