Question

In which societies did Greeks and English people practice advance payment to take care of family members who died?

a.

Benevolent Societies/Friendly Societies

b.

Traders of Rhodes

c.

Chinese Traders

d.

Lloyds

Posted under IC38 Life Insurance Agent Exam

Answer: (a).Benevolent Societies/Friendly Societies Explanation:Greeks in the 7th century AD and English people practiced advance payment in Benevolent Societies/Friendly Societies to take care of family members who died.

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Q. In which societies did Greeks and English people practice advance payment to take care of family members who died?
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