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File #: 4306-08    Version: 1 Name: Proclamation declaring September 2008 “Life Insurance Awareness Month” in Allegheny County.
Type: Proclamation Status: Presented & Filed
File created: 9/9/2008 In control: County Council
On agenda: Final action: 9/9/2008
Title: Proclamation declaring September 2008 "Life Insurance Awareness Month" in Allegheny County.
Sponsors: Vince Gastgeb
Attachments: 1. 4306-08 Life Insurance Awareness Month.doc

Title

 

Proclamation declaring September 2008 "Life Insurance Awareness Month" in Allegheny County.

 

Body

WHEREAS, life insurance provides financial security for families in the event of death by helping surviving family members meet immediate, ongoing and future financial obligations and objectives; and

WHEREAS, surveys consistently indicate that the vast majority of Americans believe that life insurance is an essential part of a sound financial plan; and

WHEREAS, the unfortunate reality today is that 68 million Americans say they lack adequate life insurance protection; and

WHEREAS, when someone who provides for other family members dies prematurely, insufficient life insurance coverage often results in extreme financial hardship for surviving family members; and

WHEREAS, determining how much and what kind of insurance to buy is one of the most important financial decisions consumers will ever make and individuals, families and businesses can benefit greatly from the expert advice of a qualified life insurance professional; and

WHEREAS, the Life and Health Insurance Foundation for Education (LIFE), the National Association of Insurance and Financial Advisors (NAIFA) and a coalition representing hundreds of leading life insurance companies and organizations have designated September 2008 as “Life Insurance Awareness Month,” whose goal is to make consumers more aware of their life insurance needs, help them seek professional advice, and assist them in taking the actions necessary to achieve financial security for their loved ones;