A.recognizedB.foundC.come into beingD.formedDo you know……
Do you know insurance (保险) Buying insurance is a means by which people can protect themselves
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large losses. Protection against fire is one kind of insurance. Large numbers of people pay
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sums of money to an insurance company. Although thousands of people have paid for fire insurance, only
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will lose their homes by fire. The insurance company will pay for these homes out of the sums of money it has collected.
The first modern fire insurance company was
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in London, England, in 1666. A great fire had just
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most of the city, and people wanted to protect against
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losses. The fire company grew rapidly. Soon, other companies were founded in other areas.
Benjamin Franklin helped form the first fire insurance company in America in 1752. He also
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a new kind of insurance for farmers. The new insurance would offer protection against the loss of crops by storm.
In 1759, Benjamin Franklin helped start
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new insurance. This company, which offered life insurance, collected some money regularly from different men. Although a man died, his family was given a large sum of money. Today, this company is still in business.
Over the years, people have
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from many new kinds of insurance when they have suffered from such accidents as car, plane crashes. Tomorrow, almost everyone has
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kind of insurance.
A.recognized
B.found
C.come into being
D.formed