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UIUC FIN 230 - INSURANCE

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VPI PET INSURANCE Creating an Industry 1 VPI PET INSURANCE Concept of property insurance originated by Babylonians in 1750 B C 2 VPI PET INSURANCE Greeks and Romans developed their own version of life and health insurance in 600 A D 3 VPI PET INSURANCE Modern fire insurance began in London in 1680 in reaction to the London fire of 1666 consuming over 13 000 homes 4 VPI PET INSURANCE First U S Fire Insurance Company formed in 1732 in South Carolina 5 VPI PET INSURANCE What company issued first auto policy in 1887 in Massachusetts 6 VPI PET INSURANCE 7 VPI PET INSURANCE In 1982 VPI is formed as the first pet health insurance company in the U S The Reagan s dog Lucky a Bouvier des Flandres 8 STOP TREATEMENT COSTS 9 AVERAGE COSTS 10 THE INCREASING NEED FOR PET INSURANCE VPI PET INSURANCE 12 MAKING HISTORY 13 VPI PET INSURANCE Q A 14


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