American Council of Life Insurers (ACLI) Congratulates Winners of State and Federal Elections

WASHINGTON -American Council of Life Insurers (ACLI) President and CEO David Chavern made the following comments on Tuesday's elections:

"For 180 years, life insurers have been delivering financial guarantees that protect Americans throughout their lives. Our promises to policyholders help them safeguard what they've built, provide for those who depend on them, and prepare for a secure retirement.

"ACLI congratulates the candidates elected on Tuesday including the governors, state leaders, and new and returning members of Congress. We look forward to sharing our industry's collective experience to support solutions that strengthen financial certainty for all Americans."

The American Council of Life Insurers (ACLI) is the leading trade association driving public policy and advocacy on behalf of the life insurance industry. 90 million American families rely on the life insurance industry for financial protection and retirement security. ACLI's member companies are dedicated to protecting consumers' financial wellbeing through life insurance, annuities, retirement plans, long-term care insurance, disability income insurance, reinsurance, and dental, vision and other supplemental benefits. ACLI's 275 member companies represent 94 percent of industry assets in the United States.