PRINTER'S NO. 2665
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE RESOLUTION
No.
563
Session of
2019
INTRODUCED BY PICKETT, DeLUCA, BERNSTINE, BROWN, BURNS,
CALTAGIRONE, DiGIROLAMO, FREEMAN, HENNESSEY, HILL-EVANS,
KINSEY, KORTZ, MENTZER, MILLARD, OWLETT, RYAN, SCHMITT,
SONNEY, THOMAS, TOOHIL, WARREN, WHEELAND AND ZIMMERMAN,
OCTOBER 15, 2019
REFERRED TO COMMITTEE ON INSURANCE, OCTOBER 15, 2019
A RESOLUTION
Designating the month of October 2019 as "Life Insurance
Awareness Month" in Pennsylvania.
WHEREAS, Pennsylvania residents have $1.3 trillion in total
life insurance coverage; and
WHEREAS, According to the American Council of Life Insurers,
the life insurance industry in Pennsylvania paid $4.6 billion to
beneficiaries in 2017, providing a tremendous source of
financial relief and security to families that experienced the
loss of a loved one; and
WHEREAS, Life insurers pay out $72 million a day to
Pennsylvanians in life insurance and annuities; and
WHEREAS, Despite the importance individuals place on life
insurance and the peace of mind it brings to millions of
Pennsylvania families, there are still too many Pennsylvanians
who lack adequate coverage; and
WHEREAS, The reality is that more than one in five
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Pennsylvania residents are under 18 years of age and typically
financially dependent on a loved one or caregiver; and
WHEREAS, Millions of Americans recognize that they are
underinsured, with nearly 20% of Americans believing that they
do not have enough coverage; and
WHEREAS, During times like these when so many families
continue to struggle, life insurance coverage is more important
than ever because individuals have fewer financial resources to
fall back on, increasing their financial vulnerability; and
WHEREAS, The nonprofit organization Life Happens, the
National Association of Insurance and Financial Advisors and a
coalition representing hundreds of leading life insurance
companies and organizations have designated September as "Life
Insurance Awareness Month" to encourage consumers to think about
their need for life insurance protection, seek advice from a
qualified insurance professional and take the actions necessary
to achieve a financially secure future for their loved ones;
therefore be it
RESOLVED, That the House of Representatives designate the
month of October 2019 as "Life Insurance Awareness Month" in
Pennsylvania; and be it further
RESOLVED, That the House of Representatives urge residents of
this Commonwealth to learn more about life insurance and its
benefits.
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