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Loans of this character have ever since been common in maritime lands under the name of bottomry https://healthelixir.website/medicine/health-care-options.php respondentia bonds.

The direct insurance of sea-risks for a premium paid independently of loans began in Belgium about AD. Separate insurance contracts i. The first known insurance contract dates from Genoa aca health plans in texas In the next century, maritime insurance developed widely, and premiums were varied with risks.

Insurance became far more sophisticated in Enlightenment-era Europewhere specialized varieties developed. Property insurance as we know it today can be traced to the Great Fire of Londonwhich in devoured un than 13, houses.

The devastating effects market insurance the fire converted the development of insurance "from a matter of convenience into one of urgency, a change of opinion reflected in Hsalth Aca health plans in texas Wren 's inclusion of a site for "the Insurance Office" in his new plan for London in Initially, 5, homes were insured by his Insurance Office.