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Pennsylvania State Senate
09/11/2024 07:18 AM
Pennsylvania State Senate
https://www.legis.state.pa.us/cfdocs/Legis/CSM/showMemoPublic.cfm?SPick=20190&chamber=S&cosponId=43129
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Senate of Pennsylvania
Session of 2019 - 2020 Regular Session

MEMORANDUM

Posted: September 9, 2024 05:14 PM
From: Senator John DiSanto and Sen. Sharif Street
To: All Senate members
Subject: Recognizing September Life Awareness Month
 
Life insurance plays an important role in ensuring the financial security of Pennsylvanians who face an untimely tragedy. It offers peace of mind to more than 6 million Pennsylvanians, providing the average policyholder with a benefit of approximately $148,000 to assist their beneficiaries. In 2022, Pennsylvanians received $11.7 billion in payouts by life insurance policies, or more than $31 million daily.
 
Unfortunately, too many Pennsylvanians do not have the financial protection or stability that sufficient life insurance brings in the event of the death of a primary income earner on whom they depend. 
 
In order to raise awareness about this important insurance product and how it benefits the people of Pennsylvania, we are introducing this resolution to recognize September as “Life Insurance Awareness Month.”   
 
We encourage you to join us and cosponsor this resolution as we work to raise public awareness about evaluating one’s life insure insurance needs throughout their lives.
 

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