dawsonkelby
dawsonkelby dawsonkelby
  • 07-12-2020
  • Business
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How did the first insurance fund develop?

Respuesta :

derekhaslam derekhaslam
  • 07-12-2020

Answer:

Robert Wallace and Alexander Webster, two scottish drunken ministers invented insurance for orphan and widows. A premium would be paid and invested for profitable purposes. Widows and orphans would be paid out with the return of that money, leaving the premiums to accumulate.

Explanation:

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