S.Res. 201

A resolution supporting the goals and ideals of "National Life Insurance Awareness Month".

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III

110th CONGRESS

1st Session

S. RES. 201

IN THE SENATE OF THE UNITED STATES

May 15, 2007

Mr. Chambliss (for himself and Mr. Nelson of Nebraska) submitted the following resolution; which was referred to the Committee on Banking, Housing, and Urban Affairs

RESOLUTION

Supporting the goals and ideals of 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 by helping surviving members meet immediate and long-term financial obligations and objectives in the event of a premature death in their family;

Whereas approximately 68,000,000 United States citizens lack the adequate level of life insurance coverage needed to ensure a secure financial future for their loved ones;

Whereas life insurance products protect against the uncertainties of life by enabling individuals and families to manage the financial risks of premature death, disability, and long-term care;

Whereas individuals, families, and businesses can benefit from professional insurance and financial planning advice, including an assessment of their life insurance needs; and

Whereas numerous groups supporting life insurance have designated September 2007 as National Life Insurance Awareness Month as a means to encourage consumers to—

(1)

become more aware of their life insurance needs;

(2)

seek professional advice regarding life insurance; and

(3)

take the actions necessary to achieve financial security for their loved ones: Now, therefore, be it

That the Senate—

(1)

supports the goals and ideals of National Life Insurance Awareness Month; and

(2)

calls on the Federal Government, States, localities, schools, nonprofit organizations, businesses, and the citizens of the United States to observe the month with appropriate programs and activities.