Difference between revisions of "Insurance Definition"

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By the late 19th century governments began to initiate nationwide insurance packages in opposition to sickness and old age. Germany built on a tradition of welfare programs in Prussia and Saxony that began as early as within the 1840s. In the Eighteen Eighties Chancellor Otto von Bismarck introduced old age pensions, accident insurance and medical care that formed the basis for Germany's welfare state.
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Latest revision as of 19:47, 6 February 2023

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