Question

Which company is considered to be the first life insurance company in the world?

a.

Lloyds

b.

Amicable Society for a Perpetual Assurance

c.

Traders of Babylon

d.

Traders of Rhodes

Posted under IC38 Life Insurance Agent Exam

Answer: (b).Amicable Society for a Perpetual Assurance Explanation:The Amicable Society for a Perpetual Assurance, founded in 1706 in London, is considered to be the first life insurance company in the world.

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Q. Which company is considered to be the first life insurance company in the world?
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