Insurance is as old as the civilization. It has been developing from the family for of insurance to mutual associations, stock exchange securities and again to state owned organisant ions. Yogakshema' has been the oldest ters of insurance used in the igveda for some kind of insurance, Hanu had embestand that a special charge heade on goods carried from one town to another to ensure their safe carriere. The Hife insurance business of the present form made its first appearance in England in 16th century, the fipet rennded evidence in England being the alley on the 1 ybbons on June 13, 1563. Even before this date amenities had, in fret, made 11 asearance three hand