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Central Life Insurance Company of Florida (1922 – 1991) [1] was an American insurance company founded by prominent African Americans in Tampa, Florida, U.S.. Established during the Jim Crow era of segregation and discrimination, the company loaned money to Black–owned businesses.
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The Afro-American Life Insurance Company was a historic business based in Jacksonville, Florida. It was founded in 1901 by Abraham Lincoln Lewis and his business associates. [ 1 ] The company specialized in helping Black Americans obtain life insurance and mortgages.
In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...
Term Life Insurance Policies . Term life insurance provides temporary coverage for a specific period, usually ranging from 5 to 30 years. These policies offer high coverage amounts, often up to $5 ...
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