For Immediate Release
June 28, 2021
Contact: Tess Badenhausen
(732) 201-4133
NCOIL HIGHLIGHTS NATIONAL INSURANCE AWARENESS DAY
Urges Businesses and Consumers to Review Insurance Policies
Manasquan, NJ – The National Council of Insurance Legislators (NCOIL) highlights June 28th as National Insurance Awareness Day. This day has been designated to serve as a reminder to business owners to review their insurance policies and ensure they have the coverage they need.
NCOIL President, IN Rep. Matt Lehman stated, “National Insurance Awareness Day is a great opportunity for business owners, particularly small business owners, to take a few minutes to confirm that they understand their existing coverage, and to obtain information about what needs to be insured. As more pandemic-related restrictions continue to be lifted and things return to normal, it’s important to make sure proper insurance coverage is in place.”
NCOIL CEO, Commissioner Tom Considine said, “Something as simple as making a phone call to an insurance agent has the ability to save business owners from future panic. Last year there was a historic level of storm activity which could, unfortunately, be seen again this year. It is critical for Americans to evaluate their need for flood insurance, including reviewing existing polices to make sure flood is a covered peril. In recognition of National Insurance Awareness Day, NCOIL is reminding business owners and consumers to take the time to talk to an insurance agent, review their insurance plans, or get a policy that offers the security needed to recover losses.”
More information on National Insurance Awareness Day can be found here: https://nationaltoday.com/national-insurance-awareness-day/
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NCOIL is a national legislative organization with the nation’s 50 states as members, represented principally by legislators serving on their states’ insurance and financial institutions committees. NCOIL writes Model Laws in insurance and financial services, works to preserve the State jurisdiction over insurance as established by the McCarran-Ferguson Act seventy-six years ago, and to serve as an educational forum for public policymakers and interested parties. Founded in 1969, NCOIL works to assert the prerogative of legislators in making State policy when it comes to insurance and educate State legislators on current and longstanding insurance issues.