About NAIFA

NAIFA comprises more than 700 state and local associations representing the interests of 200,000 members and their associates nationwide. NAIFA members focus their practices on one or more of the following: life insurance and annuities, health insurance and employee benefits, multiline, and financial advising and investments. The Association’s mission is to advocate for a positive legislative and regulatory environment, enhance business and professional skills, and promote the ethical conduct of its members.

NAIFA History

One of the oldest and largest trade organizations in the insurance field, NAIFA was founded on June 18, 1890 in Boston as the National Association of Life Underwriters.

Timeline

• In 1921, The San Diego Chapter originated and incorporated 1938 as The San Diego Life Underwriters Association.
• In 1928, NALU transferred its headquarters to New York City and eventually relocated to Washington, D.C., in 1956.
• In 1951, NALU created a conference, General Agents and Managers Association (GAMA), to enhance the quality and capability of the insurance industry's field management.
• In 1957, NALU formed the Association for Advanced Life Underwriting (AALU) to support advanced life insurance underwriters, agents engaged in complex areas of life insurance such as business continuation planning, estate planning, retirement planning, deferred compensation, and employee benefits planning.
• In 1990, a third conference of NALU, the Association of Health Insurance Agents (AHIA) was formed to sustain and enhance the business environment for health insurance agents and to improve the financing and delivery of health care in the United States.
• On September 29, 1999, the National Council delegates voted to change the association's name from the National Association of Life Underwriters to National Association of Insurance and Financial Advisors.
• NAIFA has been committed to improving the quality of life for Americans and addressing social problems since 1956 when the association first started developing community service programs. NAIFA local associations currently volunteer in social programs for health care, homelessness, youth education, AIDS awareness, drug/alcohol awareness, the family, senior citizens and U.S. crisis relief efforts. Between 1981 and 1989, NAIFA public service programs were honored six times by the Reagan and Bush Administrations' Private Initiatives Program.
• In May 2000, NAIFA moved into its new headquarters in Falls Church, Va., after 40 years at 1922 F Street, N.W., Washington, D.C.

The Vision and Mission
of NAIFA

Vision Statement

The National Association of Insurance and Financial Advisors protects and promotes the critical role of insurance in a sound financial plan and the essential role provided by our professional agents and advisors.

Mission Statement
The mission of the National Association of Insurance and Financial Advisors is to advocate for a positive legislative and regulatory environment, enhance business and professional skills, and promote the ethical conduct of our members.

CODE OF ETHICS

Preamble

Those engaged in offering insurance and other related financial services occupy the unique position of liaison between the purchasers and the suppliers of insurance and closely related financial products. Inherent in this role is the combination of professional duty to the client and to the company as well. Ethical balance is required to avoid any conflict between these two obligations.

Therefore, I Believe It To Be My Responsibility:

• To hold my profession in high esteem and strive to enhance its prestige.
• To fulfill the needs of my clients to the best of my ability.
• To maintain my clients' confidences.
• To render exemplary service to my clients and their beneficiaries.
• To adhere to professional standards of conduct in helping my clients to protect insurable obligations and attain their financial security objectives.
• To present accurately and honestly all facts essential to my clients' decisions.
• To perfect my skills and increase my knowledge through continuing education.
• To conduct my business in such a way that my example might help raise the professional standards of those in my profession.
• To keep informed with respect to applicable laws and regulations and to observe them in the practice of my profession.
• To cooperate with others whose services are constructively related to meeting the needs of my clients.