House Resolution No. [insert number] designates September 2026 as "Life Insurance Awareness Month" in Pennsylvania. The resolution highlights the significance of life insurance, noting that approximately six million residents in the state hold life insurance policies with an average benefit of $148,000. In 2024, the life insurance industry paid out $11.7 billion to beneficiaries, providing essential financial support to families during times of loss. Despite the critical role life insurance plays in offering peace of mind and financial security, many Pennsylvanians remain underinsured, particularly vulnerable populations such as children who are financially dependent on caregivers.
The resolution encourages residents to recognize the importance of life insurance and to seek guidance from qualified insurance professionals to ensure their families' financial security. It aligns with the efforts of organizations like Life Happens and the National Association of Insurance and Financial Advisors, which promote September as a month for raising awareness about life insurance. The House of Representatives urges all Pennsylvanians to educate themselves on the benefits of life insurance during this designated month.