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October 5, 2007, Newsletter Issue #72: Life Insurance History

1

Tip of the Week

The first records of life insurance dates back to ancient Rome where burial clubs came together to help the poor pay for funerals, and to provide for their families.

Life insurance began to popularize in London in the 1600's. The first life insurance company in America began in 1735. The company was started to help Presbyterian ministers' families.

Now there are nearly 2000 life insurance companies available to provide coverage to everyone. The Internet has provided even more options than what existed just a short time ago. Instant research is available to gather the vital information when choosing a Life Insurance Company.



2

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