Bill > HR200

This resolution designates September 2025 as "Life Insurance Awareness Month" in Pennsylvania, highlighting the critical importance of life insurance for financial security. The resolution notes that six million Pennsylvania residents have life insurance coverage with an average benefit of $148,000, and in 2024, the life insurance industry paid $11.7 billion to beneficiaries, providing significant financial relief to families experiencing loss. The resolution emphasizes that life insurers pay out $31.9 million daily in life insurance and annuities, yet many Pennsylvanians still lack adequate coverage. It acknowledges that approximately one in five Pennsylvania residents are under 18 and financially dependent, making life insurance increasingly important during challenging economic times. The resolution, supported by nonprofit organizations like Life Happens and the National Association of Insurance and Financial Advisors, aims to encourage consumers to understand their life insurance needs, consult with insurance professionals, and take steps to secure their family's financial future.

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https://www.legis.state.pa.us/cfdocs/billinfo/bill_history.cfm?syear=2025&sind=0&body=H&type=R&bn=200