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A History of British Insurance. Pitman Publishing. ISBN 9780273416418. Stalson, J. Owen (1942). Marketing Life Insurance: Its History in America. Harvard University Press. Zelizer, Viviana (1979). Morals and Markets: The Development of Life Insurance in the United States. Columbia University Press. ISBN 9780878559299
Permanent life insurance is life insurance that covers the remaining lifetime of the insured. A permanent insurance policy accumulates a cash value up to its date of maturation. The owner can access the money in the cash value by withdrawing money, borrowing the cash value, or surrendering the policy and receiving the surrender value.
National Life Insurance Company was chartered by the Vermont Legislature on November 13, 1848. [2] [3] [4] It has been insuring people for 175 years and was one of the first mutual life insurance companies in the U.S. [5] The company wrote its first policy on the life of Daniel Baldwin, a resident of Montpelier, on January 17, 1850.
The Equitable Life Assurance Society (Equitable Life), founded in 1762, is a life insurance company in the United Kingdom. The world's oldest mutual insurer, it pioneered age-based premiums based on mortality rate, laying "the framework for scientific insurance practice and development" [1] and "the basis of modern life assurance upon which all life assurance schemes were subsequently based". [2]
Ben Feldman (September 7, 1912 – November 7, 1993) was an American businessman and one of the most prolific salespeople in history. [1] [2] As early as 1979, Feldman had sold more life insurance than anyone in history. [3] He sold life insurance policies with a total face value of about $1.5-billion [4] for New York Life from 1942 to his ...
Lincoln traces its origin to June 12, 1905, in Fort Wayne, Indiana, as the Lincoln National Life Insurance Company. Four men were initially founders of the organization, with an Attorney Daniel Ninde becoming the largest stockholder and first CFO for the company, according to Ninde family history.