Question

Where did the origins of modern commercial insurance start?

a.

Lloyd's Coffee House in London

b.

Traders of Babylon

c.

Traders of Bharuch

d.

Amicable Society for a Perpetual Assurance

Posted under IC38 Life Insurance Agent Exam

Answer: (a).Lloyd's Coffee House in London Explanation:The origins of modern commercial insurance started at Lloyd's Coffee House in London.

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