[Congressional Record (Bound Edition), Volume 151 (2005), Part 14]
[Senate]
[Pages 19009-19010]
[From the U.S. Government Publishing Office, www.gpo.gov]




                NATIONAL LIFE INSURANCE AWARENESS MONTH

  Mr. FRIST. Mr. President, I ask unanimous consent the Senate now 
proceed to the consideration of S. Res. 223, which was submitted 
earlier today.
  The PRESIDING OFFICER. The clerk will report the resolution by title.
  The legislative clerk read as follows:

       A resolution (S. Res. 223) supporting the goals and ideals 
     of ``National Life Insurance Awareness Month,'' September 
     2005.

  There being no objection, the Senate proceeded to consider the 
resolution.
  Mr. FRIST. Mr. President, I ask unanimous consent the resolution be 
agreed to, the preamble be agreed to, and the motion to reconsider be 
laid upon the table.
  The PRESIDING OFFICER. Without objection, it is so ordered.
  The resolution (S. Res. 223) was agreed to.

[[Page 19010]]

  The preamble was agreed to.
  The resolution, with its preamble, reads as follows:

                              S. Res. 223

       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 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 \3/4\ 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 ``National 
     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, 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, other entities, 
     and the people of the United States to observe the month with 
     appropriate programs and activities.

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