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The first life insurance societies where formed in England in the years between 1692 and 1720. In America, life insurance became available to the clergy through the Presbyterian Ministers Fund, founded in 1759 (still in existence), and the Episcopal Corporation, founded ten years later (subsequently merged).

Andrew Tobias

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Andrew Tobias
Age: 77
Born: 1947
Born: April 20
Journalist
Writer
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England
Insurance
Episcopal
Years
Later
Societies
Presbyterian
Life
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Merged
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Presbyterians
America
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Rule of thumb: The more trimmings an insurance plan has and the harder someone is pitching it, the faster you should run.
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Still, most people don't have much money. So finding ways to come out a couple of thousand dollars ahead every year still matters.
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There were no jobs created in America from 1945, when the war ended, through 2003. How could there be? Taxes were too high. Preposterously so under Eisenhower, Kennedy, Nixon, Reagan (who left office with a 28 percent rate on long-term capital gains) and Bush the Elder.
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