The National Association of Insurance and Financial Advisors hopes to provide recovery grants for some of the insurance and financial advisors hurt by Harvey.
The Falls Church, Virginia-based advisor group is reactivating the NAIFA Hurricane Relief Fund.
NAIFA first established the fund in 2005, to help agents and advisors hurt by Hurricane Katrina and other Gulf Coast hurricanes.
The Community Foundation of Acadiana, a 501(c)(3) charitable organization, ran the fund, and the legal framework to collect donations and provide aid still exists, NAIFA says.
NAIFA will give $10,000 to the fund, to help pay for a new round of grants aimed at agents and advisors affected by Harvey.
Any donations that NAIFA members or others make to the fund will be tax-deductible, and the money will go to the fund, not to NAIFA, NAIFA says.
NAIFA volunteers and executives from Texas and Louisiana will establish the aid program parameters.
