What are the two types of economies?
Money and Crafts
Modern and Early Modern
Money and Non Money
Money and Trades
What was one way early Merchants would limit their losses?
Limit Areas of Service
Redistribute their wares on several ships
Not ship goods
Get paid before delivery
Who established “The Fire Office”?
The inhabitants of Rhodes invented What?
Created the “General Average”
Insurance as we know it
The “General Sum”
The theory of Subrogation
The Franklin Health Assurance Company of Massachusetts was the first to offer what?
Final Expense insurance
The first to offer Accident insurance in the USA