TEACHING LIFE INSURANCE.

Thames Star, Volume LXIII, Issue 17660, 10 August 1929, Page 4

TEACHING LIFE INSURANCE.

A report in an American contemporary states that a recent decree of the Ministry of Public Instruction of the Japanese Empire provides that in all primary schools a general knowledge of life insurance 'be taught. This decree is supplementary to that requiring instruction to be given in the secondary schools under the subject: providing and saving. It is anticipated that life insurance companies will find acquaintance of the public with the subject a great help. Another indirect way of familiarising pupils with life insurance has been tried in Germany, where some companies had prepared collections of problems dealing with life insurance premiums, bonuses, surrender values, etc. 'These problems were to be used bv the teachers instead of the problems commonly found in arithmetic .school books, problems of vyhich maybe one out of a hundred may ever be brought into practical use by any of the pupils. The life insurance problems fulfil the same purpose, to teach the pupils how to calculate,, and at the same time they make them familiar with questions which later on may become actual problems for many of them.