What is National Life Insurance Day?
May 2nd of each year as National Life Insurance Day. This day is the anniversary of the first day life insurance becoming available in the United States.
The charter was published on May 2, 1759, and it was for the Corporation for the Relief of Poor and Distressed Widows and Children of Presbyterian Ministers. 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 will take time for loved ones to mourn. It can pay off debts and loans, giving surviving family members the opportunity to start fresh with a clean slate.. It can keep families in their homes and pre-fund a child's college education. It will keep a family's company alive. It can keep a family's company alive. It can be a family's source of income for a long time, and it can be a lengthy period of time.
