Slave insurance in the United States became an increasingly significant industry after the Act Prohibiting Importation of Slaves, a federal law which took effect in 1808, prevented any new slaves from being imported to the U.S. Existing slaves, especially skilled workers, therefore became more valuable, and were often rented out to businesses; slave owners insured against the death or loss of these rented-out slaves. Industries which rented insured skilled slaves from their owners included blacksmithing, carpentry, railroad construction, coal mining, and steamboat operations, and insured rented slaves also included firemen and cooks. Chinese slaves, called "coolies", were also insured.
Attributes | Values |
---|
rdfs:label
| - Slave insurance in the United States (en)
|
rdfs:comment
| - Slave insurance in the United States became an increasingly significant industry after the Act Prohibiting Importation of Slaves, a federal law which took effect in 1808, prevented any new slaves from being imported to the U.S. Existing slaves, especially skilled workers, therefore became more valuable, and were often rented out to businesses; slave owners insured against the death or loss of these rented-out slaves. Industries which rented insured skilled slaves from their owners included blacksmithing, carpentry, railroad construction, coal mining, and steamboat operations, and insured rented slaves also included firemen and cooks. Chinese slaves, called "coolies", were also insured. (en)
|
foaf:homepage
| |
dct:subject
| |
Wikipage page ID
| |
Wikipage revision ID
| |
Link from a Wikipage to another Wikipage
| |
Link from a Wikipage to an external page
| |
sameAs
| |
dbp:wikiPageUsesTemplate
| |
has abstract
| - Slave insurance in the United States became an increasingly significant industry after the Act Prohibiting Importation of Slaves, a federal law which took effect in 1808, prevented any new slaves from being imported to the U.S. Existing slaves, especially skilled workers, therefore became more valuable, and were often rented out to businesses; slave owners insured against the death or loss of these rented-out slaves. Industries which rented insured skilled slaves from their owners included blacksmithing, carpentry, railroad construction, coal mining, and steamboat operations, and insured rented slaves also included firemen and cooks. Chinese slaves, called "coolies", were also insured. The subject of slave insurance in the United States has become a matter of historical and legislative interest. In the history of slavery in the United States, a number of insurance companies wrote policies insuring slave owners against the loss, damage, or death of their slaves. The fact that a number of insurers continue the businesses that serviced these policies has brought attention to this history. Attorney Deadria Farmer-Pallmann discovered an 1852 circular that named insurers that serviced some of these policies. National Loan Fund Life Assurance Company distributed a circular entitled. "A Method by Which Slave Owners May Be Protected From Loss" which named The Merchants Bank and The Leather Manufactures Bank as institutions able to pay and adjust claims. Under a typical policy a slave could be insured for $500.00 with an annual premium of about $11.25. (en)
|
prov:wasDerivedFrom
| |
page length (characters) of wiki page
| |
foaf:isPrimaryTopicOf
| |
is Link from a Wikipage to another Wikipage
of | |
is Wikipage redirect
of | |
is foaf:primaryTopic
of | |