A History of Life Insurance
byx Efin Advisor | August 8, 2008
Life insurance, as it has often been said, is a daunting task to buy, because accepting one’s mortality is not something the average person likes to experience. It is a necessity to overcome that though to protect yourself and your family when the worst happens. This need for protection extends throughout human history, even in times when economies were not so grand and bartering was a more common exchange than using money.
Rome seems to be one of the first places where life insurance took form. Like now, the costs of funerals and the death of a loved one could pose financial hardship for roman citizens.
Discover the origins and reasons to have life insurance
