More than 600 life insurance agents are visiting the halls of Congress this week in what is being called an unprecedented joint industry lobbying effort.
In conjunction with the annual meeting of the Association of Advanced Life Underwriting and the National Leadership Conference of the National Association of Insurance and Financial Advisors, the 2 associations plan to join forces to present a unified message to the nations lawmakers on issues vital to the life insurance industry.
What Your Peers Are Reading
“This is a historic event,” says NAIFA President Randy R. Kilgore. “It is the first time NAIFA and AALU have held a joint Capitol Hill lobbying day.”
AALU President Bob Plybon says the 2 agent groups, along with the American Council of Life Insurers, want to work more and more closely together on legislative affairs.
“We want to speak with one voice,” Plybon says. “It is essential that there be no distortion of our message.”
AALU President-Elect Gus Comiskey adds that joint Capitol Hill visits between hundreds of AALU members and leaders of state associations within NAIFA are an important part of industry efforts to speak with unity and cohesion on essential issues, particularly as they relate to the tax status of life insurance products.
“We have made significant progress this year in working cohesively with NAIFA and ACLI, as well as with other organizations through the AALU Issues Alliance,” Comiskey says.
“Increasing our combined clout on key issues will be one of my top priorities this year as AALU President,” he adds.
David Woods, executive vice president of NAIFA, says the joint lobbying reflects the recognition by the 3 organizationsNAIFA, AALU and ACLIthat they are much stronger when they work together than when they work independently.
While this doesnt mean the associations will always agree or work equally on all issues, Woods says, it does reflect an understanding by the leadership of the 3 organizations that they must band together in view of the challenges that confront the industry.