History of Life Insurance
In 600 AD, health and life insurance were first introduced by the Greeks and Romans. This insurance cared for the families and paid for the funeral expenses of members upon death. In the middle ages, various highly skilled labor helped by their guilds by giving life insurance and disability insurance. In 1735, the first life insurance company started in the United States. It started for the benefit of Presbyterian ministers’ families. Today the insurance business has evolved to a multi-faceted business. There are lots of types of insurance today that greatly differ a few years ago. All you need to consider is to find the right and reliable life insurance for you.