The concept of insurance coverage initially began as:Question 4Answera.Life insuranceb.Health insurance for all citizensc.Workers compensationd.Property insurance
Question
The concept of insurance coverage initially began as:Question 4Answera.Life insuranceb.Health insurance for all citizensc.Workers compensationd.Property insurance
Solution
The concept of insurance coverage initially began as a form of marine insurance. However, from the options provided, the closest answer would be d. Property insurance. This is because marine insurance was essentially a form of property insurance, covering the loss or damage of ships, cargo, terminals, and any transport by which the property is transferred, acquired, or held between the points of origin and the final destination.
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