[Congressional Record (Bound Edition), Volume 157 (2011), Part 10]
[Senate]
[Page 13760]
[From the U.S. Government Publishing Office, www.gpo.gov]




 SENATE RESOLUTION 270--SUPPORTING THE GOALS AND IDEALS OF ``NATIONAL 
                    LIFE INSURANCE AWARENESS MONTH''

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

                              S. Res. 270

       Whereas the vast majority of people in the United States 
     recognize that life insurance is important to protecting 
     their loved ones;
       Whereas the life insurance industry pays approximately 
     $60,000,000,000 to beneficiaries each year, providing a 
     tremendous source of financial relief and security to 
     families that experience the loss of a loved one;
       Whereas, as of the date of agreement to this resolution, 
     the unfortunate reality is that approximately 95,000,000 
     adults in the United States have no life insurance, and 
     ownership of both individual and employer-sponsored life 
     insurance has declined in recent years;
       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 2011 as ``National Life Insurance 
     Awareness Month'' as a means to encourage consumers to become 
     more aware of their life insurance needs, seek advice from 
     qualified insurance professionals, and take the actions 
     necessary to achieve financial security for 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, and the people 
     of the United States to observe the month with appropriate 
     programs and activities.

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