AUDIO NEWS RELEASE

Managing Insurance Needs
Distribution Date: October, 29 2008
Time: 60 seconds | PLAY AUDIO FILE >

ANNOUNCER: The current financial crisis is leaving consumers scrambling for answers. NAIC President Sandy Praeger says getting the facts straight about your insurance is the first step to surviving the economic meltdown.

SANDY PRAEGER: Although changing your insurance coverage in uncertain times can be tempting, hasty decisions can have unintended consequences. Before you make a change, talk with your financial advisor, or call your state insurance department if you have questions about your insurance company.

ANNOUNCER: Praeger urges consumers to check the facts before making any major insurance decisions.

SANDY PRAEGER: It's important that you speak with your agents, do your own research and conduct annual reviews of your insurance policies. Always make sure your policies provide the financial protection you need. If you stay proactive, you can make sure you have adequate coverage for your needs both now and in the future.

ANNOUNCER: For insurance tips and more information visit www.naic.org.

About the NAIC

Formed in 1871, the National Association of Insurance Commissioners (NAIC) is a voluntary organization of the chief insurance regulatory officials of the 50 states, the District of Columbia and five U.S. territories. The NAIC has three offices: Executive Office, Washington, D.C.; Central Office, Kansas City, Mo.; and Securities Valuation Office, New York City.

The NAIC serves the needs of consumers and the industry, with an overriding objective of supporting state insurance regulators as they protect consumers and maintain the financial stability of the insurance marketplace. For more information, visit www.naic.org.

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