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Legislative & Regulatory Gathering Storm
The Gathering Storm
- Why Now? - The Challenges We Face
NAIFA supports and maintains a proactive, vibrant, relevant and successful advocacy team in Washington, D.C. and in all 50 states through its in-house lobbyists, hired counsel and administrative staff.
Unfortunately, in today’s environment, the costs associated with legislative, regulatory and community focused advocacy are skyrocketing…with the advent of technology, it has become a 24/7 full time contact sport.
These are some of the daunting challenges we currently face on a daily basis in both Washington D.C. and in states around the country:
• Suitability Standards for the Sale of Life Insurance;
• Commission Disclosure;
• Federal Healthcare Initiatives;
• New York State Healthcare Initiatives;
• Federal vs. State Regulation of Insurance;
• Fiduciary Standards for Insurance Producers;
• Taxation of Inside Build Up;
• Taxation of Death Benefit;
• Stranger Owned Life Insurance;
• NAIC Model Producer Act; and
• Advocacy to the Consumer to Change the Public Perception of Insurance Professionals
If all licensed producers who make a living in this profession were members, then the per capita advocacy costs would be far less.
Recruit a new member today, and allow your trade association to continue to fight the daily battles that keep you in business, enable you to keep making a living, and that support the best interests of your clients.
Remember…EVERYONE is a member of NAIFA and benefits from its advocacy efforts…only some, however, choose to join and take responsibility.
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