Life & Health Agent/Advisors Visit Capitol Hill
Key Topics: Insurance Tax Challenges and Healthcare Reform
FALLS CHURCH, VA (March 17, 2009) — Members of the National Association of Insurance and Financial Advisors (NAIFA), the nation’s largest financial services membership organization, will visit Capitol Hill on Tuesday, March 17 to discuss federal tax challenges to life insurance industry products, health care reform, and financial services regulatory reform with key members of Congress.
Contact:
Lee Allen, Vice President of Communications and Marketing, NAIFA
(703) 770-8112 (office)
(703) 336-2462 (mobile)
More than 200 visits have been scheduled, including meetings with the leadership of the House and Senate tax-writing committee, as well as the financial services and banking committees.
“75 million American families turn to the life insurance industry to protect their financial future with annuities, life insurance, long-term care and disability insurance,” said Cliff Wilson, CLU, ChFC, LUTCF, CLF, President of NAIFA. “With the turmoil in the financial industry these past several months, now is the time for us to educate Congress about the risk shifting nature of insurance products, their importance to families and businesses, and the role the industry plays in U.S. capital formation. We also want to make sure Congress understands the vital role agents play in working with small businesses and individuals in acquiring the right health insurance coverage and other employee benefits.
“Further, as Congress considers how to restructure the regulatory landscape to address the problems that led to the market crisis, we want them to be mindful of how any regulatory shifts will impact the thousands of main street agents across the country who deliver these key products and services to the American public,” Wilson said.
Members of the NAIFA federation’s state and local association leadership team are in Washington, DC, participating in NAIFA’s annual National Leadership Conference at the Mayflower Hotel.
About NAIFA: Founded in 1890 as the National Association of Life Underwriters, the National Association of Insurance and Financial Advisors comprises nearly 800 state and local associations representing the business interests of 60,000 members nationwide. Members focus their practices on one or more of the following: life insurance and annuities, health insurance and employee benefits, multiline, and financial advising and investments. NAIFA’s mission is to advocate for a positive legislative and regulatory environment, enhance business and professional skills, and promote the ethical conduct of its members. Visit NAIFA’s website at www.naifa.org.
NAIFA, 2901 Telestar Court, Falls Church, VA 22042-1205 | 877-866-2432 |