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Introduction
This chapter explores the establishment of the Society of Assurance for Widows and Orphans and the amicable society for a perpetual assurance office, considered the first life insurance company. It also discusses the challenges and gambling involvement faced by insurance and assurance companies in the 18th and 19th centuries.
As life insurance and assurance became more common, companies that offered coverage ran into in problems in the 18th and 19th century. Part 2 also covers how Insurance has been used by gamblers as a grisly amusement.
Research:
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