Archive for April, 2010
Saturday, April 10th, 2010
Accident Insurance
Franklin Health Assurance Company was the first company ever to offer Accident insurance in the U.S. Founded in 1850, this firm offered insurance against injuries due to railroad and steamboat accidents. Sixty organizations had been offering accident insurance in the U.S. by 1866, but then these companies just went off. Then from early 1890, sickness insurance has been introduced in the United States. It was in 1911 when a employer sponsored a group disability policy. If health insurance covers medical expenditures, accident insurance covers unwanted injuries.