The Life and Health Insurance Foundation for education (LIFE) is teaming with Scholastic this year to help high school teachers teach students about personal financial planning and risk management.
The curriculum will include information about disability and disability insurance as well as about life insurance, health insurance, financial planning, and the general concept of risk.
Scholastic already exists to sell my child all kinds of merchandise, with ruthless efficiency. Sometimes, it sells her books. But, at the Scholastic book fairs, it tries to sell her pencils, erasers, cat posters, and all manner of gimcracks that a stern financial professional would say are a poor substitute for savings, or for income protection insurance.
If the LIFE-Scholastic alliance ultimately ends up inspiring some alumni to go on to spend their money on disability insurance policies in the 2030s: Great.
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