The First Life Insurance Policy Ever Sold Ended in a Lawsuit

from Inheritance Planning Made 123Easy · host Ian Schaeffer

June 18, 1583. A London salt merchant named William Gybbons becomes the first person in recorded history covered by a life insurance policy. Eleven months later he is dead, the underwriters refuse to pay, and a court has to decide whether the brand-new promise means anything. It did. It still does.Read the full article: https://news.americanretirementadvisors.com/first-life-insurance-policy/American Retirement Advisors helps families in Arizona and Nevada navigate healthcare, retirement income, and inheritance planning. Want to reach out? Text us at (602) 281-3898, email [email protected], or visit https://americanretirementadvisors.com.

Episode metadata supplied by the publisher feed · Published Jul 20, 2026

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