life insurance on property

An advertisement from the Richmond Daily Dispatch December 28, 1863:

Slave Insurance
Lynchburg Hose and
fire Insurance Company.

Slaves insured by this company for one or a term of years on favorable terms

Wm A Charters,
Increase Agent.
Office 11th st, bet Main and Bank.

There is evidence that life insurance on slaves was mostly an urban phenomenon in the antebellum South. The Lynchburg company is mentioned in Sharon Ann Murphy’s
Investing in Life: Insurance in Antebellum America

Map showing the distribution of the slave population of the southern states of the United States. Compiled from the census of 1860  (LOC: glva01 lva00215 http://hdl.loc.gov/loc.ndlpcoop/glva01.lva00215 )

big potential market (slave density, 1860 census)

This entry was posted in 150 Years Ago This Week, Confederate States of America, Southern Society and tagged , . Bookmark the permalink.

Leave a Reply