The American Council of Life Insurers (ACLI) is a trade association representing the interests of the life insurance industry in the United States. Founded in 1919, the ACLI serves as the voice of over 280 member companies that provide life insurance, retirement plans, long-term care insurance, and annuities to individuals and businesses.
The primary role of the ACLI is to advocate for public policies that promote the financial security and well-being of American families and businesses. The organization engages in diligent lobbying efforts with legislators, regulators, and other stakeholders to ensure fair and balanced legislation that supports the interests of the life insurance industry.
Additionally, the ACLI provides a platform for collaboration and networking among its member companies, fostering industry best practices and innovation. It offers educational programs, policy forums, research studies, and conferences that enable the exchange of knowledge and expertise within the life insurance community.
The ACLI also undertakes consumer outreach initiatives to enhance public understanding of life insurance products and their crucial role in financial planning and risk management. Through various public education campaigns, the association aims to raise awareness about the importance of life insurance coverage and the benefits it provides to individuals and families in times of unexpected financial hardships.
In summary, the ACLI is a prominent trade association dedicated to representing the interests of the life insurance industry in the United States. It advocates for favorable policies, facilitates industry collaboration, and promotes public understanding of life insurance and its significance in financial planning.
