The Fiji Times

How it began A history stretching back far into the past, with the earliest known versions of it being found in 3000-2000 BC

- Source: DAYSOFTHEY­EAR.COM

NATIONAL Insurance Awareness Day serves as a reminder to all small business owners to review their insurance policies to make sure they have the right coverage for their organisati­ons.

June 28, has been designated as National Insurance Awareness Day. Insurance is an incredibly interestin­g topic, especially when you realise just how old this form of protection really is. We had thought it wasn't any older than a couple of hundred years, but we couldn't be more wrong.

According to website: daysofthey­ear.com, it actually has a history stretching back far into the past, with the earliest known versions of it being found in 3000-2000 BC.

Insurance has been around so long it's even found inscribed on the Code of Hammurabi, the first written laws. Imagine that, it even predated what was considered the official foundation of law, that's some history.

From there sprang all the forms of insurance we know today, including underwriti­ng ventures in the event of failure (common in the age of sailing ships and questionab­le seas), to car insurance and life insurance. National Insurance Awareness Day celebrates the history and necessity of this fantastic invention, and encourages people to understand the important role it can play in their lives.

National Insurance Awareness Day has been created in order to encourage people to go over their insurance plan on this day. Insurance offers security in many different situations.

It can recover losses and protect loved ones in the event of death, illness, or damage.

While it offers protection, the value of the items and properties we have can appreciate over time and our situations can change.

An insurance policy that offered you excellent protection give years ago may not offer such great protection today.

This is why it is important for people to review their insurance plans on a periodic basis.The trouble is that it is very easy to forget about this. After all, there are so many other things to think about and that is why National Insurance Awareness Day was created to ensure that people are reminded to go over their insurance plans on this date.

It also presents a great opportunit­y for people to learn about insurance in general and the different policies that are available.

The right insurance can help protect your business from property damage caused by theft or natural disasters, loss of income, liability claims and more.

 ?? Picture: insuranceb­usinessmag.com ?? National Insurance Awareness Day serves as a reminder to all small business owners to review their insurance policies to make sure they have the right coverage for their organisati­ons.
Picture: insuranceb­usinessmag.com National Insurance Awareness Day serves as a reminder to all small business owners to review their insurance policies to make sure they have the right coverage for their organisati­ons.

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