What is the National Association Of Insurance And Financial Advisors (NAIFA)?
The National Association Of Insurance And Financial Advisors (NAIFAA) is a non-profit group that works on behalf of its members to promote a supportive regulatory environment, provide professional training services and ensure ethical professional conduct for insurance advisers and financial advisers.
NAIFA, based in Falls Church, Virginia, offers its members sales training, networking facilities and other tools to help them succeed and develop their practices. In addition, they are lobbying Capitol Hill to promote legislation favorable to the insurance and financial advisory industry.
Understanding the National Association Of Insurance And Financial Advisors (NAIFA)
NAIFA was originally founded in 1890 under the name of the National Association of Life Underwriters. The organization believes that life insurance and other risk mitigation practices should be at the heart of a strong financial plan. NAIFA has many endorsements from major insurance and financial companies, which encourage their employees to join a local chapter of NAIFA.
The group said its members include: insurance agents, financial advisers, multi-line agents, health and benefits specialists, captive and independent advisers, newcomers to the business world, industry leaders and all intermediaries.
“Promoting diversity and inclusion in the insurance and financial services sector is at the forefront of NAIFA’s vision for the future, and a key element of the NAIFA 20/20 strategic plan. The Diversity Initiative and Inclusion supports the goal of NAIFA 20/20 to empower members by expanding diversity, strengthening advocacy, developing world-class training programs and raising public awareness, “the organization said on its website.
Among the groups it supports is Save Our Savings, “an alliance of lawyers and businesses dedicated to protecting American retirement savings as Congress plans a complete tax overhaul. The SOS Coalition s strives to ensure that Americans will continue to have access to private sector retirement. The Partnership to Protect Opportunities in the Workplace (PPWO) is made up of a diverse group of associations, businesses and others stakeholders representing employers with millions of employees across the country in almost every sector. The Partnership is dedicated to the interests of its members in the expected regulatory debate over potential changes to Fair Labor overtime regulations Standards Act (FLSA) .American Family Safety Protection is a partnership between life insurance companies, agents and fi American nancers who are dedicated to educating policy makers about the role our products play in the financial lives of 7,5 million American families. These families turn to life insurance companies and trusted agents and advisers to protect their financial future with life insurance, annuities, long-term care and income insurance for people with disabilities. “