AALU and its Ambassadors have worked tirelessly over the years to develop a strong relationship with Senate Democratic Leader Schumer and are excited for the prospects of doing the same with Senator Peters. Over the course of the dinner, Senator Peters was very supportive of AALU, expressing how during his long career at Merrill Lynch before his time in Congress he had been active in the same marketplaces as AALU members – helping families and businesses plan for their financial futures and using life insurance as a key tool to accomplish that.
Other topics of discussion included Senator Peters’ upcoming 2020 reelection and how factors such as his newly appointed leadership role on the Senate Homeland Security committee and the presidential race play a major role as he said, “No president will become president in 2020 without winning Michigan.”
During the dinner, Senator Schumer explicitly expressed his support for the life insurance industry stating “Don’t worry, we have your back. The insurance industry got hit during tax reform, and we will do whatever it takes to make sure that doesn’t happen again. You are very important to Americans’ financial security and how they prepare for retirement. We have your back.”
Events like this are crucial pieces of our advocacy efforts, and champions like Leader Schumer and Senator Peters will be helpful in advancing the interest of the organization in the future.
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