3. History of Simple Cooperative Insurance

3. History of Simple Cooperative Insurance
Cooperative Insurance in its simple form, which was mentioned above, is very old. Necessity required it as one means of cooperation for good deeds. It is the oldest kind of insurance, and it is the closest kind of insurance to the concept of Takaful and cooperation.
Studies related to insurance have mentioned that this type is the oldest form which 
appeared in the tenth century B.C. when the first  more...