A member of Congress says he will be introducing a bill that will address the issue of life insurance sales on military base grounds.[@@]
Rep. Max Burns, R-Ga., whose district includes a high concentration of military personnel, says he plans to introduce the Military Personnel Financial Services Protection Act when Congress reconvenes Sept. 7. He has asked the U.S. House Financial Services Committee for an expedited hearing on the bill.
The New York Times drew lawmakers’ attention to the issue earlier this summer, when it ran a series of articles that described allegations of deceptive sales practices on military base grounds and inappropriate sales of insurance products to young soldiers.
“I am outraged that our men and women in uniform are being unfairly targeted in the sale of dubious financial products,” Burns writes in a letter asking his fellow lawmakers for their support for the bill.