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Who Knew: Rev War Era Life Insurance

Started by NavyIrish, January 11, 2014, 10:29:01 AM

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NavyIrish

January 11, 2014, 10:29:01 AM
Who Knew?

In a "Today in History" web blog, I noticed the following posting:

January 11, 1759:  The first American life insurance corporation, for "poor and distressed" Presbyterian ministers and their widows and children, was chartered in Philadelphia.

Was life insurance an option for the families in Boston area in 1775? 

R,
Navy Irish
"The man who loves his country on its own account, and not merely for its trappings of interest or power, can never be divorced for
it, can never refuse to come forward when he finds that she is engaged in dangers which he has the means of warding off." --Thomas Jefferson to Elbridge Gerry, 1797.
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