The Nautilus Insurance Company (predecessor of the New York Life Insurance Company) was one of several insurance companies that sold policies to slaveholders to insure their slaves against damages or death. The company sold these policies for...
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The Nautilus Insurance Company (predecessor of the New York Life Insurance Company) was one of several insurance companies that sold policies to slaveholders to insure their slaves against damages or death. The company sold these policies for approximately two and a half years from 1845 until 1848, at which time the board of trustees voted to end the sale of such policies. The Nautilus Insurance Company slavery era ledgers consist of a total of eight volumes: four policy registers; a death claim book; a volume listing losses for death benefits paid; as well as two indices containing names of all insurance applicants. The policy registers contain names of persons, including slaves, who were insured between 1845 and 1848. There are also lists prepared in 2001 and 2002, one of which is a printout from a database developed by the California Department of Insurance entitled "Slavery Era Insurance Policies Registry," that contains information from documents submitted by the New York Life Insurance company as well as other insurance companies that had insured slaves.
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