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Is Marine the oldest form of insurance?

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Is Marine the oldest form of insurance?

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Is Marine the oldest form of insurance?

What is the oldest type of insurance?

How old is marine insurance?

Which marine insurance is one of the earliest forms of insurance?

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The correct answer is: Ocean Marine Insurance is generally regarded as the oldest form of insurance. In fact, the term 'underwrite', which dates back to 1430, was literally the practice of accepting risk for the transit of ocean vessels and their cargo by signing your name under a contract listing a description of the shipment.Jan 25, 2007

The title of my answer can be Ocean Marine Insurance Basics | Blog

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