The Life and Health Insurance
Foundation for Education (LIFE) is a nonprofit organization dedicated to inspire
the public to take personal financial responsibility through the ownership of
life insurance and related products. The main topics addressed in educational
efforts are life, disability, long-term care, and health insurance. The goal is
to help consumers better understand these products and where they fit within
their overall financial plans. LIFE does not endorse any product, company or
insurance advisor. Our only interest is seeing that consumers get the coverage
they need to protect themselves and their loved ones. For more information
about the LIFE Foundation, visit www.lifehappens.org.
To educate the public, LIFE conducts a wide range of educational outreach initiatives including programs of interest to Jump$tart supporters such as financial literacy programs for high schools and colleges and a college scholarship program.
LIFE’s Next Generation high school program has reached more than 26 million students, 63,000 teachers and 39,000 schools since its launch in 1997. In January LIFE launched the newest iteration of the program—through a partnership with Scholastic, Inc. The program is entirely web-based at www.scholastic.com/nextgeneration. Included in the program are lesson plans and worksheets, along with videos, quizzes, and additional resources to help students develop financial-management skills to navigate real-world situations.
The program provides teachers with tools to educate their students about the basics of life, health and disability insurance, as well as financial planning fundamentals. Teachers can utilize the complete program or teach the modules as stand-alone segments who wish to present some, but not all, of the various components. Each module has a teacher’s guide on how to teach the segment, corresponding student activities, videos, and interactive quizzes.
Our goal is to continuously improve our program, over the year’s LIFE has obtained several market research data from teachers through comprehensive survey’s and teacher focus groups. Through this data we have been able to improve our program since its inception. According to our recent Next Generation survey, 92% of teachers stated the program provides students with a good understanding of basic insurance and related areas. About 92% of teachers say the program does a good job of preparing students to make well-informed decisions about insurance as they head into their adult years. Most importantly, 94% plan to use the program again.
Insurance Matters is an online insurance education program designed to supplement the tools and teaching techniques that community college professors use to educate their students about important risk management and insurance planning concepts. Funded through a generous grant from the U.S. Department of Education, the program was developed by LIFE in partnership with Somerset Community College in Kentucky. Insurance Matters covers all major types of insurance: life, disability, health, auto, homeowners and long-term care insurance. Access the program at www.whyinsurance.org.
LIFE Lessons Scholarship Program
The LIFE Lessons Scholarship Program was created to provide scholarships to students who, as a result of the death of a parent or guardian who provided financial support but was under- or uninsured, were negatively impacted with regards to obtaining a higher education. Each year, LIFE receives thousands of scholarship applications, which demonstrates the need for parents and guardians to include insurance in their financial plans. Funding for this program provides LIFE with the ability to reach more applicants with scholarships and to educate the American public about the importance of proper insurance planning. For more information, visit www.lifehappens.org/lifelessons.
1655 North Fort Myer Drive, Suite 610
Arlington, VA 22209
Manager of Consumer Education Programs
1655 N. Fort Myer Dr., Suite 610
Arlington, VA 22209
Phone: (703) 888-4446
Fax: (202) 464-5011
Jump$tart Coalition for Personal Financial Literacy