What the heck is insurance? And would you believe the concept dates all the way back to Roman times? It began with burial societies for people like soldiers to relieve their family of the expense of providing an appropriate burial when the time came. Flash forward to 16th century England, and we have what is acknowledged as the first modern life insurance contract. Life insurance today seems like pretty ordinary stuff, but it’s not — it’s an incredibly sophisticated industry that protects the assets of millions of Americans. The Unger Company are experts at using life insurance to protect the assets and wealth transfer plans of high-net-worth clients.
New York, NY – What the Heck Is Insurance? A Brief Look at Our Business
SYNOPSIS: The history of life insurance can be traced back to burial societies of the Roman Empire. People who belonged to these societies, like soldiers, would contribute to the society so their colleagues...
What the Heck Is Insurance? A Look at Our Business
BY: Harold M Unger, The Unger Company Ltd.
