[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[S. Con. Res. 45 Introduced in Senate (IS)]








109th CONGRESS
  1st Session
S. CON. RES. 45

 Supporting the goals and ideals of National Life Insurance Awareness 
                     Month, and for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             July 22, 2005

 Mr. Chambliss (for himself, Mr. Nelson of Nebraska, Ms. Collins, Mr. 
    Vitter, Mr. Martinez, Mr. Thune, and Mr. Johnson) submitted the 
following concurrent resolution; which was referred to the Committee on 
                             the Judiciary

_______________________________________________________________________

                         CONCURRENT RESOLUTION


 
 Supporting the goals and ideals of National Life Insurance Awareness 
                     Month, and for other purposes.

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 working additional jobs or longer hours, borrowing money, 
        withdrawing money from savings and investment accounts, and, in too many 
        cases, moving 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 2005 as ``Life Insurance 
        Awareness Month'', the goal of which 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 Senate (the House of Representatives concurring), 
That the Congress--
            (1) supports the goals and ideals of Life Insurance 
        Awareness Month; and
            (2) calls on the Federal Government, States, localities, 
        schools, nonprofit organizations, businesses, other entities, 
        and the people of the United States to observe the month with 
        appropriate programs and activities.
                                 <all>