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Life Insurance Finance Association Expands

Life Insurance Finance Association Expands Membership to Insurance Producers

ATLANTA–(BUSINESS WIRE)–The Life Insurance Finance Association (LIFA) board of
directors voted today to open its membership to insurance producers, agents and
financial advisors.

Under the revised dues structure, professionals involved in the sale of life insurance and who act as advisors to consumers who purchase life insurance are invited to join the growing membership of the association.

“The future of the life insurance premium finance industry directly impacts the
careers of these professionals,” said Scott Cipinko, executive director, LIFA. “The
voices of these professionals need to be heard. Without them, we cannot properly
discuss the role and future of this industry. Life insurance premium finance is a
vital tool for financial and estate planning. Those involved in assisting and
advising consumers on such an important purchase must have this tool available to
them.”

Cipinko, who holds a life insurance producer’s license in a number of states, added
that the best way to ensure this tool is available to the consumer is to bring the
professionals that utilize life insurance premium finance into the discussions
directly and not through third parties or intermediaries, most of whom have never
sold a life insurance policy.

“It is time for the producers, agents and professional advisors to speak directly to
these issues,” said Cipinko.

In addition, LIFA will soon be announcing enhanced membership benefits, including
conference discounts, seminars and a series of conference calls exclusive to
members. For more information about LIFA membership or upcoming events, contact
Cipinko at [email protected] or visit the LIFA Web site at www.lifaorg.org.

The Life Insurance Finance Association is a nonprofit, professional trade
association and its members are comprised of individuals and companies involved in
the life insurance premium finance industry. LIFA was founded to provide an open
dialogue between and among life insurers, premium finance lenders, life insurance
agents
, brokers and insurance regulators, to provide consumer advocacy, and to
foster a better understanding among participants in the life insurance and premium
finance marketplace, state and federal policy makers, and the general public. For
additional information, visit www.lifaorg.org.

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