The Chartered Insurance Institute of Nigeria (CIIN) has organised a quiz competition for secondary schools in Edo State.
The President of the institute, Mr Edwin Igbiti said the competition was designed to help young people understand the role of insurance in society and how it impacts our lives.
During the event Igbiti stated; “It is my pleasure to welcome you all to the Insurance Awareness Secondary Schools Competition.
This is an exciting event that aims to educate and inform young people about the importance of insurance in our lives.
As we go about our daily lives, we are all exposed to various risks – whether that be from accidents, loss or damage of property, illness or even death. Insurance is a mechanism that helps us manage these risks, providing a safety net in the event that the worst happens.
This competition has been designed by the Chartered Insurance Institute of Nigeria (CIIN) to help young people understand the role of insurance in society and how it impacts our lives”, he said.
According to him, by participating, students would learn about the various types of insurance available, the risks they cover, and the benefits they offer. They will also learn about the importance of being responsible and taking steps to protect ourselves and our possessions.
More than just an educational exercise, this competition is an opportunity for young people to engage with the world around them and explore concepts that have a real-world impact, he said.
Speaking further, he noted that the competition format will challenge and inspire students, and provide a unique opportunity to develop important skills such as teamwork, critical thinking and public speaking.
Igbiti stated that by fostering an understanding of insurance and its importance in society, we believe we can help build a more resilient and secure community.
“To the students participating in the Insurance Senior Secondary Schools Competition – we wish you all the best of luck.
We hope that by engaging with this topic you will gain valuable knowledge and skills that will serve you well in the future. And to the teachers and parents who have supported and encouraged your students – we offer our sincere thanks and appreciation for your efforts in helping to make this competition a success”, he said.