Consumer Education

  • <1> We want you to know that Financial Education is important, but that many other groups are better situated to design deliver and evaluate education than NAIC is.  
  • We think NAIC’s most important role in Retirement Security is to make sure that consumers can safely buy well-designed insurance products in stable insurance markets.
  • … NAIC should focus it’s efforts on consumers who have fewer resources.

—  Brenda Cude

2020 01 – NAIC – Retirement Security – Conference Call –  Brenda Cude / Kitt Presentation

  • OECD
    • OECD Financial Education Project: Background and Implementation – [link]
  • Consumer Federation of America
    • CFA’s Plan for Improving Consumer Understanding of Life Insurance and Annuities Products and Strengthening Consumer Protections – 8p
  • NAIC
    • InsureU
    • Life Insurance Buyer’s Guide – offline/online
    • Life Insurance Illustrations
  • National Endowment for Financial Education (NEFE)
    • DISASTERS AND FINANCIAL PLANNING A GUIDE FOR PREPAREDNESS AND RECOVERY – NEFE, AICPA, Red Cross – 52p
  • Brenda Cude
  • Birny Birnbaum
  • 1978 – Book – Sets, Probability and Statistics: The Mathematics of Life Insurance, Institute of Life Insurance -ACLI, American Council of Life Insurance
    • The practical use of such concepts as sets, probability and statistics are considered by many to be vital and necessary to our everyday life.
    • This student manual is intended to familiarize students with these concepts and to provide practice using real life examples.
    • It also attempts to illustrate how the insurance industry uses such mathematic concepts for everyday business activities.
    • The booklet was designed to be used in basic and advanced high school mathematics classes. The eight lessons contain activities involving: (1) sets; (2) sample spaces; (3) probability; (4) statistics; (5) mortality tables and life insurance; (6) interest; and (7) insurance premiums. 
 
  • 1973 – AP – Let’s Teach Life Insurance Concepts, Larry D. Coleman, The Journal of Business Education Volume 49, 1973 – Issue 3 – <Wishlist>