A new video released during NAIFA’s 2012 Career Conference and Annual Meeting offers a history of NAIFA’s important role in ensuring that American families and businesses receive tax-free death benefits and inside build up on their insurance products.
Nearly 100 years ago, NAIFA members were instrumental in ensuring that life insurance benefits would not be subject to the then-new federal income tax. Today, NAIFA continues its advocacy efforts to educate Congress on the importance of life insurance and annuities to the American public.
As 2013 promises to be a bellwether year for the tax status of life insurance products, NAIFA is ramping up efforts to ensure tax reform does not threaten these products, the agents who sell them, or the families and small businesses who rely on them for financial protection.
These efforts will include the NAIFA 2012 Congressional Conference, announced at the recent Annual Meeting. On April 8-9, 2013, life insurance agents will take their case directly to Congress in meetings with members and staff on Capitol Hill.