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> A Soul and a Service: North Carolina Mutual Life Insurance

商品編號: 9-823-032
出版日期: 2022/07/28
作者姓名:
Nicholas, Tom;Masko, John
商品類別: Entrepreneurship
商品規格: 31p

再版日期:
地域: United States
產業: Insurance industry
個案年度: 1898 -  1952

 


商品敘述:

In 1898, two Black entrepreneurs from Durham, North Carolina-barber John Merrick and medical doctor Aaron McDuffie Moore-put pen to paper and founded the North Carolina Mutual and Provident Association (the Mutual). They would soon be joined by a third partner-an energetic young salesman named Charles Clinton Spaulding. This "triumvirate" faced long odds. While there was a long tradition of Black mutual aid societies-religious organizations that charged dues and paid members a small sum in the event of a death or emergency-operating a for-profit insurance company catering to the Black community presented several challenges. By the 1890s, an increasing number of Southern Blacks had the resources to afford a basic life insurance policy, but few had experience buying life insurance or knew why it was necessary.


涵蓋領域:

Business history;Entrepreneurship


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