The U.S. Senate now is considering a resolution that could designate September "Life Insurance Awareness Month."[@@]
Members of the House voted 477-4 Monday to pass the Life Insurance Awareness Month resolution, H.Con.Res. 181.
Insurance industry groups behind the Life Insurance Awareness Month program include the Life and Health Insurance Foundation for Education, Washington; the National Association of Insurance and Financial Advisors, Falls Church, Va.; and the American Council of Life Insurers, Washington.
"Life insurance is too often thought of only when it is too late," Rep. Judy Biggert, R.-Ill., the sponsor of the resolution, said Monday in a speech on the House floor, according to a version of her remarks printed in the Congressional Record.
"Over half of adult Americans do not have a life insurance policy, and among those who do have life insurance, the amount is often too small to safeguard the financial futures of their loved ones," Biggert said.
House members should support Life Insurance Awareness Month to promote the goal of making consumers more aware of their life insurance needs, Biggert said.
