America's life insurance companies have long been committed to providing access to financial security for all Americans, regardless of where or how they work, their life stage, or the economic status of their household.
The fight to end systemic racism and inequality is an ongoing journey and we are committed for the long run. We recognize that life insurance products play a significant role in financial empowerment due to their transformative ability to provide financial security and build intergenerational wealth.
That's why America’s life insurers are engaging concrete steps to achieve greater economic empowerment of financially underserved communities across the country. We stand committed to advance solutions that address systemic inequality.
Through company action, smart partnerships, and legislative and regulatory initiatives, we will help more Americans access information, tools and leadership opportunities.
Principles of Economic Empowerment & Racial Equity
ACLI supports the CEO Action on Diversity and Inclusion pledge which commits signatories to make diversity and inclusion a priority within the company, and to create and share strategic inclusion and diversity plans with their boards of directors.
ACLI supports disclosure of appropriate data in corporate regulatory statements regarding the diversity of underrepresented groups on the corporation’s board of directors and among its executive officers without requiring standards or targets.
Achieving Economic Empowerment Through Financial Education
Life insurers are committed to supporting financial education throughout America. One-third of financial inequality in the U.S. could be accounted for by the differences in financial literacy.
We’re seeking more impactful financial education partnerships, including with the American College of Financial Services. Through these partnerships, we can help more Americans achieve financial security.
Members can also visit our EE&RE page for members. (Note: when you click on this link, you will be asked to log in. If you do not have member login credentials, please follow the instructions on the login page).