When Was The First Life Insurance Policy Issued?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    The oldest life insurance policy for which there is surviving evidence was taken out on William Gybbon on June 18, 1583, in London. Mr. Gybbon was a salter of fish and meat for the city of London. He bought a one year policy from Alderman Richard Martin and passed away before the end of the year. At first the company refused to pay, but after some legal wrangling, Martin won.
    Answered on June 28, 2013
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