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#InsureWisely: how much do you know about insurance?

Recent surveys by the Organisation for Economic Co-operation and Development (OECD) have demonstrated the low financial literacy level of many Europeans.

Financial education therefore has a vital role to play in ensuring that European citizens are equipped with the knowledge, confidence and skills necessary to improve their understanding of financial products and concepts.

It is a core life skill that needs to be developed and nurtured as early as possible to encourage responsible financial behaviour and to give people the necessary confidence to take charge of their financial future.

Insurance Europe, therefore, supports Global Money Week, the annual global financial awareness campaign for children and young people, which is taking place this week.

To make people aware about the importance of financial education and their own financial knowledge, Insurance Europe has launched the InsureWisely quiz.

So, how much do you know about insurance concepts and products? Find out here.

Published 12 March 2018