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NAIFA Family Response Fund Expanded to Assist Winter Storm Victims in Texas

Global banking and finance news 28

FALLS CHURCH, Va., Feb. 26, 2021 /PRNewswire-PRWeb/ — The National Association of Insurance and Financial Advisors (NAIFA) has expanded access to the NAIFA Family Response Fund to benefit members of the association impacted by deadly winter storms in Texas. Officials in Texas and media reports indicate the extreme weather and associated utility outages have resulted in significant property losses and fatalities.

NAIFA originally created the fund to assist members affected by several hurricanes and later expanded it to help NAIFA members with unexpected out-of-pocket medical or funeral expenses related to the COVID-19 outbreak.

“I am a proud NAIFA member and when I see our association go above and beyond in these times to support our members it only reinforces how great this organization and its members truly are,” said NAIFA-TX President Danny O'Connell. “I encourage anyone who is eligible and in need to apply and for the rest of our membership to support those in need at this time.”

Anyone who would like to donate and NAIFA members or dependents seeking assistance may do so online at https://www.cfacadiana.org/NAIFA.

“We often forget that insurance and financial professionals, while they are helping their clients during times of crisis, can also be victimized by natural disasters,” said NAIFA President Tom Michel. “NAIFA Nation is like a family, and we will do what we can to help those suffering losses due to these horrible winter storms.”

NAIFA worked with its grant-management partner, the Community Foundation of Acadiana, to establish the fund and is currently accepting contributions to meet pressing needs. The NAIFA Family Response Fund follows similar relief efforts NAIFA created for members affected by natural disasters, including Hurricane Katrina in 2005, Hurricanes Harvey and Irma in 2017, Hurricane Florence in 2018, and Western U.S. wildfires in 2020.

ABOUT NAIFA: The National Association of Insurance and Financial Advisors is the preeminent membership association for the multigenerational community of financial professionals in the United States. NAIFA members subscribe to a strong Code of Ethics and represent a full spectrum of financial services practice specialties. They work with families and businesses to help Americans improve financial literacy and achieve financial security. NAIFA provides producers a national community for advocacy, education and networking along with awards, publications and leadership opportunities to allow NAIFA members to differentiate themselves in the marketplace. NAIFA has 53 state and territorial chapters and 35 large metropolitan local chapters. NAIFA members in every congressional district advocate on behalf of producers and consumers at the state, interstate and federal levels.

Media Contact

Mark Briscoe, NAIFA, 703.770.8111, mbriscoe@naifa.org

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SOURCE NAIFA

NAIFA Family Response Fund Expanded to Assist Winter Storm Victims in Texas 3

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