Where Did Life Insurance Originate?

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   Steve Savant

   Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona

   Some historians say that the burial fund used by Roman solder was the first use of a type of life insurance. Life insurance as we know was a direct result of Sir Edmund Halley, of Halley comet fame, who as a mathematician created the first actuarial table. That table still serves as the framework for actuarial science today.

   Answered on July 26, 2013

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