How Long Has Whole Life Insurance Been Around?
- 225 POINTSview profileKyle MonahanIndependent Agent, Monahan Insurance, Orlando, FLTo the best of my knowledge, formal life insurance started in the early 1700's. In the mid 1700's, the world's oldest mutual insurer began issuing policies. If you want to read more about the early history of this, do a search for "The Equitable Life Assurance Society". It's a very interesting read.Answered on July 19, 2014flag this answer
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