Life insurance is.


insurance is known as  a social system to reduce the risk show him the individual by grouping like-hazards and the distribution of the financial burden for achieved on all of the participants have these meanings noble human manifested itself most clearly in the first shapes that are on the basis of conduct insurance business such as burial societies when the ancient Egyptians and the system secure convoys on my journey winter and summer when the Arabs.it was known for hundreds of years in some of the country's ancient civilization such as Egypt, China and India that some groups cooperate with each other to ease what is under the family of need and deprivation upon the death of a breadwinner, and by providing subsidies and financial aid to members of the affected family, but this aid was mostly not enough to compensate materially family for the loss of a breadwinner as well as where the prejudice to human dignity, therefore turned thinking then to search for a better way to compensate the family for the loss of a breadwinner, and here the idea arose insurance head of the family at death and the first document of the life insurance issued by individuals in London in 1582 on someone's life for the benefit of another person in the event of his death during the period of 12 months.In the year 1693 the development of a sports scientists timetable for life Mortality Table This table was used in 1755 in a free insurance for life insurance on the basis of the age of the insured at the start of the insurance premiums, it was the latest major development in the life insurance industry.Insurance is not known in the Arab countries, but late last century and early this century.