National Life Insurance Day – May 2
National Life Insurance Day is held each year on May 2nd, the first day that life insurance became available in the United States. The observance of life insurance also raises concerns about the benefits of life insurance.
In the late 1760s, life insurance in the United States began. In 1759, the Presbyterian Synods in Philadelphia and New York City established the Corporation for the Relief of Poor and Distressed Widows and Children of Presbyterian Ministers.
The charter for the Corporation for Relief of Poor and Distressed Widows and Children of Presbyterian Ministers was published on May 2, 1759. In 1769, Episcopalian priests established a similar relief fund. a. More than two dozen life insurance companies were established between 1787 and 1837, but only half of them survived.
People with life insurance can do some really amazing things for people. It can take the time of a loved one's death to mourn. It will also pay off loans and loans, giving surviving family members the opportunity to start with a clean slate. Families can live in their homes and pre-fund a child's college education with Life insurance.. Life insurance will enable families to keep the company alive in the event of an untimely death. It also gives a family a source of income for a period of time.
How to celebrate #lifeinsurancedaycom
Learn more about the various types of life insurance products available today. To determine your needs, educate yourself and your family. As we age, our children are getting older and more independent, and life insurance policies must adapt as we age. To post on social media, use the hashtag #LifeInsuranceDay.
The national life insurance day's history has a long tradition
Liran Hirschkorn, an Independent Insurance Agent at Best Life Quote, submitted National Life Insurance Day in 2014 to commemorate the fact that life insurance is now available in the United States.
