[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[H. Con. Res. 461 Received in Senate (RDS)]
2d Session
H. CON. RES. 461
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
September 29, 2004
Received
_______________________________________________________________________
CONCURRENT RESOLUTION
Expressing the sense of Congress regarding the importance of life
insurance, and recognizing and supporting National Life Insurance
Awareness Month.
Whereas life insurance is an essential part of a sound financial plan;
Whereas life insurance provides financial security for families in the event of
a premature death by helping surviving family members to meet immediate
and longer-term financial obligations and objectives;
Whereas nearly 50,000,000 Americans say they lack the life insurance coverage
needed to ensure a secure financial future for their loved ones;
Whereas recent studies have found that when a premature death occurs,
insufficient life insurance coverage on the part of the insured results
in three-fourths of surviving family members' having to take measures
such as work additional jobs or longer hours, borrow money, withdraw
money from savings and investment accounts, and, in too many cases, move
to smaller, less expensive housing;
Whereas individuals, families and businesses can benefit greatly from
professional insurance and financial planning advice, including the
assessment of their life insurance needs; 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 2004 as ``Life Insurance
Awareness Month'' the goal of which goal is to make consumers more aware
of their life insurance needs, seek professional advice, and take the
actions necessary to achieve the financial security of their loved ones:
Now, therefore, be it
Resolved by the House of Representatives (the Senate concurring),
That the Congress--
(1) recognizes and supports the goals and ideals of ``Life
Insurance Awareness Month''; and
(2) requests the President to issue a proclamation calling
on the Federal Government, States, localities, schools,
nonprofit organizations, businesses, other entities, and the
people of the United States to observe ``Life Insurance
Awareness Month'' with appropriate programs and activities.
Passed the House of Representatives September 28, 2004.
Attest:
JEFF TRANDAHL,
Clerk.