“Cathay Life Board Game (Industry-Academia Collaboration Project)” is a life simulation game in which players progress through three life stages—youth, middle age, and old age—competing to become the happiest player in the game while managing limited resources and making various life decisions. The game’s objective is to simulate real-life risks and financial situations through mechanisms such as scenario cards, insurance cards, and investment cards, fostering players’ professional awareness of “risk prevention” and “insurance planning,” while enhancing their ability to manage personal asset allocation. The game employs a rich card system and a happiness point mechanism to enhance strategic depth and player engagement. Through salary distributions and event decisions at different life stages, it helps learners master strategies for managing life’s risks within an immersive gaming experience, while fostering long-term financial literacy and decision-making skills.