Allianz Life Helps Minn. Youth with Financial Literacy

January 24, 2012 at 04:46 AM
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One of the many lessons gleaned from the ongoing economic crisis is that many Americans are not as financially literate as they should be. The ramifications of the crisis have left both the general public and those who work in the financial planning and life insurance field agreeing that more has to be done to ingrain a well-rounded, basic level of financial literacy into the public psyche and, as with any subject, the best time to learn is when you are young.

On January 21, Allianz Life Insurance Company of North America (Allianz Life) won BestPrep's Humanitarian Award during the 14th annual "Birdies for BestPrep" event at International Market Square in Brooklyn Park, Minnesota. The award is given to a Minnesota company for their performance in community involvement and educating students.

BestPrep focuses on hands-on learning activities that engage students from K-12 in business, career and financial literacy programs. Over the last two years, more than 250 Allianz Life employees volunteered to take part in the program. Allianz Life employees were involved as business camps leaders, classroom speakers and email mentors. A Financial Literacy Council of 10 executives from Allianz Life, spanning different departments, came together to deliver financial education programming to Minnesota schools.

"Allianz Life's passion and dedication has been extraordinary. BestPrep is able to provide financial education programs largely due to the support companies such as Allianz Life," said Bob Kaitz, President and CEO of BestPrep. 

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