On the occasion of Children’s Day, let me tell you: Which company created the world’s first children’s insurance policy?

It’s the annual Children’s Day

First of all, I would like to wish all the adults and children: Happy Holidays

But do you know what the day before yesterday was?

May 30th every year is Prudential’s birthday

A 171-year legend

Maybe you have heard a lot of insurance sales, but only from Prudential UK Only a financial advisor will talk to you about the company's historical background and a 171-year history, because only Prudential's story is a touching legend.

Prudential has been focusing on life insurance since its establishment in 1848, and its birthplace is in the United Kingdom.

In the 18th century, Britain was known as the Empire on which the sun never sets, occupying one-fifth of the world's land. The British were famous for their steady style, and Prudential's company name was even named Prudential.

The first work-related injury insurance and infant insurance

During the European Industrial Revolution in the 18th century, working families were threatened by industrial accidents. There was actually a great demand for insurance services. However, due to the meager income of the working class, they could not No one has paid attention to it for businesses. Prudential understands this business opportunity and has a passion to care for people. After continuous efforts, it finally launched extremely cheap work-related injury insurance on the market. After the plan was launched, it innovatively established a team of professional door-to-door salesmen to provide door-to-door sales to low-income workers. Door-to-door promotion enabled the new insurance plan to quickly develop on a small profit but quick turnover model, and finally succeeded. This feat benefited a large number of people and shocked the industry.

Before 1856, due to the poor medical environment, the mortality rate of infants before their first birthday was as high as 20, so that no insurance company would cover children under 10 years old. In 1856, Prudential once again showed its pioneering courage and took the lead in launching the world's first children's insurance policy! This new business made Prudential's reputation grow.

"Infant Insurance at the Time"

A pioneer in the civilization of gender equality

1871 Prudential, which is constantly improving, once again made an unprecedented move and recruited female clerks, becoming the first company Companies that accept women for clerical jobs. A new page in the civilization of gender equality has been opened.

The first batch of female employees at that time

Compensation for the Titanic was paid within 24 days

April 10, 1912, marked the achievement of the Industrial Revolution and was known as the "Forever "Unsinkable" and "Dream Ship" The Titanic hit an iceberg in the North Atlantic and capsized, killing 1,500 people at the bottom of the sea, causing the most serious maritime accident in peacetime at that time. After the disaster, Prudential responded quickly. Just 24 days after the giant ship sank, Prudential issued an announcement to settle claims for customers who died in the incident, and ultimately paid 14,239 pounds to 324 passengers and crew members.

Prudential in the World War

In the 20th century, Europe was in turmoil. After two world wars and the global economic depression caused by the United States, Prudential still moved forward steadily. Great strength.

During the two world wars, Prudential took the initiative to waive war deductibles and paid astronomical amounts of compensation to help countless families who were victims of the war.

For policies that are unable to pay premiums due to soldiers on expedition or due to war, a grace period will be given to prevent them from lapse.

Prudential posters during the two wars

Standing responsible to the end after the war

Before World War II, British Prudential’s business had been distributed throughout Europe, including 4,623 in Poland. A life insurance contract is being implemented. However, during the war, Poland was invaded by Germany and the Soviet Union and was greatly damaged, and the population lost to data dropped sharply by one-third. In addition, after the war, Poland became an Iron Curtain country and had a Cold War with the West. Prudential had many difficulties in reconstructing the information, but with the spirit of being responsible to the end, it successfully settled more than 46 debts in the 1950s. And put the remaining list of policy holders on the website for relevant relatives to find; promise to always be responsible to the end.

Screenshot of the official website of Prudential (www.prudential.co.uk)

After the fall of the Soviet Union, Prudential’s business returned to Warsaw, the capital of Poland, in 2013. Warsaw welcomed it with great enthusiasm, and The 3D movie 'Warsaw 1935' was produced to describe the situation in Warsaw before World War II. The Prudential Building, a skyscraper at that time, was used as the main scene on the movie's promotional poster to pay high respect to Prudential, a British company that insisted on integrity.

"Warsaw 1935 movie poster, the tallest building in the picture is the Prudential Building at that time"

Post-war development

Due to its good reputation, Prudential After the war, it rapidly developed global business and became an international enterprise. The British royal family has naturally become a loyal customer of Prudential, and the famous Princess Diana is one of Prudential's customers. In 1997, when Diana died in a car accident in Paris, Prudential paid out ￡50 million in accordance with the policy.

In these 171 years, we have experienced two world wars, the Great Depression of 1929 and the 2008 Financial Tsunami caused by the United States. Prudential has worked hard to become the insurance company with the highest rating and best reputation in Hong Kong. Whenever Prudential consultants report the name of the company, customers always give it a look of approval.

? Those who are “watching” are always 18 years old~