20 May 2017
Around 200 teachers and students of the China Insurance Education Programme (the “Programme”) gathered in Zhuhai on 20 May to celebrate the Programme’s 10th anniversary and participated in the Prudential Cup financial knowledge contest (“Pru Cup”).
Introduced in 2007, the Programme is a pioneering initiative which aims to foster awareness and understanding of the value of insurance and risk management in the country. In collaboration with China Insurance Regulatory Commission (“CIRC”), Chinese Academy of Social Sciences (“CASS”) and educators, the Programme comprises a textbook- based course titled “Insurance – Accompanying Me My Whole Life” for high school students aged 13 to 17 and an annual Pru Cup intra-school competition.
The Programme was initially introduced to 15 schools in four provinces. To date, it has benefitted 71,500 students from 72 schools in 12 provinces across China.
The Pru Cup this year comprised three parts, including a quiz contest which tested students’ knowledge of insurance, a talent show in celebration of the Programme’s 10th anniversary, and a debate session.
Education is a key pillar of Prudential’s community investment efforts in Asia under Prudence Foundation. The needs for insurance protection are growing in tandem with the rapid economic development in China. Through this Programme, Prudential is committed to equipping young people with fundamental knowledge of risk awareness and the role of insurance in providing financial security to individuals and families at different life stages.
A student from a high school in Shanghai participating in the Pru Cup said, “This was a valuable educational experience. The opportunity to exchange views and interact with other students from different places in China deepened my understanding of how insurance can help manage uncertainty in our lives and the importance of long-term financial planning. ”