Question

Which word is used for insurance in the Rig-Veda?

Answer 1

Answer:

The term suggest that a form of “community insurance” was prevalent around 1000 BC and practiced by the Aryans. The word “Yogakshema” used by Vedic riches also supports the idea of Welfare state, and has been regarded as the code of Manu, the ancient lawmaker of India.

Answer 2

Yogshem word is used for insurance in the Rig-Veda