As Congress prepares for comprehensive tax reform in 2013, 1,000 insurance and financial professionals from across the country will convene for NAIFA's Congressional Conference April 8-9 at the Hyatt Regency in Crystal City, Va.
On April 8, registrants will attend an issue briefing and hear remarks from Sen. Ron Johnson (R-Wis) and Gov. Dirk Kempthorne, president and CEO of the American Council of Life Insurers. On April 9, the 1,000 attendees will go to Capitol Hill for meetings with their Senators and Representatives.
The Congressional Conference is the third of a series of grassroots events organized by the industry to help educate Congress on the important role insurance products play in protecting the financial security of 75 million American families. More than 150 NAIFA members participated in a Day on the Hill event Jan. 28-29, 2013, and NAIFA was part of the Secure Family Coalition Capitol Hill fly-in on March 1.
“If tax reform makes life insurance products less attractive, NAIFA members believe that more families will have less incentive to consider these products and may turn to government entitlement programs to provide for them in difficult times,” said NAIFA President Robert Smith, CLU, ChFC, JD.
“NAIFA members are passionate about tax reform because they know better than anyone that life insurance products are so important to their clients and the U.S. economy,” said NAIFA CEO Dr. Susan Waters. “That’s why so many of them are anxious to travel to Washington and tell their stories to Congress.”
Life insurance products pay out more than $1.5 billion every day, according to SecureFamily.org. They provide for 20 percent of Americans’ long-term savings, and the life insurance industry directly supports 2.5 million U.S. jobs.