Did you know

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SennacheribPrism5The history of insurance… did you know?
These days you can get insurance for just about anything… your health, your mortgage, your life and all your stuff. But did you know that the concept of insurance dates back more than three and a half thousand years?

The first written insurance policy appeared in ancient times (around 1754 BC) on a Babylonian obelisk monument with the code of King Hammurabi carved into it. The “Hammurabi Code” was one of the first forms of written laws. Most of these ancient laws were quite extreme (by today’s standards anyway), but the code offered basic insurance in that a debtor didn’t have to pay back his loans if some personal catastrophe made it impossible (disability, death, flooding, etc.).

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