Q

Q. What is a PAC?

A. In 1976, Congress created Political Action Committees (PACs) as a means for like-minded citizens to band together for the common purpose of making political contributions. Trial attorneys, labor unions, environmental groups and most associations have large PACs.

Q. Why does BLET need a PAC?

A. Increasingly, BLET is being impacted by the laws enacted at the local, state and federal levels. These decisions affect our profitability and even the quality of services we can offer our customers. The PAC is one way we communicate our position to key decision-makers on such vital issues as the repeal of McCarran-Ferguson and Insurance Regulation. Since the law prohibits corporations from making contributions to federal candidates, the BLET Board of Directors created BLET PAC to make our collective voice heard in the halls of Congress and across the country.

BLET PAC provides member companies a powerful voice and effective means to influence important elections and public policy debates in Washington, D.C. and in state capitols across the country. BLET PAC is a vital component of BLET's government affairs strategy. Trying to implement advocacy with out a strong PAC would be like trying to fix your car without a wrench.

Q. Why should I join BLET PAC?

A. Because virtually every service an insurance company or association offers is the result of a legislative initiative. Also, our industry is currently under attack and your participation in the PAC will help elect candidates that best support BLET and its member companies' corporate goals and business strategies. Combining the hard work of the BLET government affairs staff at the federal, state and local levels with PAC contributions provides the best positioning for BLET and its member companies.

Q. Why should I participate in BLET PAC and be politically involved?

A. The reality is that politics impact every facet of our lives - especially in the insurance industry. Insurance Companies can no longer choose to be political spectators. It is important that we all participate in the political process. The PAC will give you and your company the opportunity to join your voice with thousands of other insurance professionals across America. BLET PAC supports candidates who support legislation that is important to your business and is consistent with BLET's mission and goals: to promote a financially sound, competitive and private insurance market.

Q. Does my personal contribution to BLET PAC really make a difference?

A. Absolutely! Political leaders make decisions every day that have tremendous effects on the insurance industry and your business. Acting alone, your influence can be limited. But a contribution to BLET PAC gives you an effective way to support candidates for office who will change insurance regulations for the better and make our country a better place in which to be an insurance professional.

Q. Does my personal contribution to BLET PAC really make a difference?

A. The cost of running for public office has skyrocketed over the past few election cycles. PAC funds go toward many aspects of running a successful campaign, such as printing materials for flyers and handouts, purchasing advertising time and providing salaries for campaign staff.

Q. What is a Prior Approval form and does it mean BLET PAC will contact my employees?

A. A prior approval form is a FEC mandated form that must be signed before we can ask member companies to participate in BLET PAC. Simply put it is written permission from an authorized executive member of your company to grant BLET PAC the opportunity to seek financial contributions from your eligible employees. No! BLET PAC staff does not contact your employees unless you want them too. By granting BLET PAC authorization, a company is simply allowing us the opportunity to send PAC related materials and to opening a line of communication between you and BLET PAC.

Q. Are there limits to individual contributions?

A. Yes. Individual contributions to BLET PAC must not exceed $5,000 annually. When contributing to a given federal candidate, BLET PAC is limited to a $5,000 donation, per election cycle.

Q. Can I make contributions using corporate funds?

A. No. Contributions to BLET PAC must come from personal accounts or member.

Q. Can contributors suggest candidates for support?

A. Absolutely. The BLET PAC welcomes your suggestions and hope you'll to continue to participate in all our efforts.

	WHY Donate To The BLET PAC
	MARCH 1, 2010
	Q. What is a PAC? A. In 1976, Congress created Political Action Committees (PACs) as a means for like-minded citizens to band together for the common purpose of making political contributions. Trial attorneys, labor unions, environmental groups and most associations have large PACs. Q. Why does BLET need a PAC? A. Increasingly, BLET is being impacted by the laws enacted at the local, state and federal levels. These decisions affect our profitability and even the quality of services we can offer our customers. The PAC is one way we communicate our position to key decision-makers on such vital issues as the repeal of McCarran-Ferguson and Insurance Regulation. Since the law prohibits corporations from making contributions to federal candidates, the BLET Board of Directors created BLET PAC to make our collective voice heard in the halls of Congress and across the country. BLET PAC provides member companies a powerful voice and effective means to influence important elections and public policy debates in Washington, D.C. and in state capitols across the country. BLET PAC is a vital component of BLET's government affairs strategy. Trying to implement advocacy with out a strong PAC would be like trying to fix your car without a wrench. Q. Why should I join BLET PAC? A. Because virtually every service an insurance company or association offers is the result of a legislative initiative. Also, our industry is currently under attack and your participation in the PAC will help elect candidates that best support BLET and its member companies' corporate goals and business strategies. Combining the hard work of the BLET government affairs staff at the federal, state and local levels with PAC contributions provides the best positioning for BLET and its member companies. Q. Why should I participate in BLET PAC and be politically involved? A. The reality is that politics impact every facet of our lives - especially in the insurance industry. Insurance Companies can no longer choose to be political spectators. It is important that we all participate in the political process. The PAC will give you and your company the opportunity to join your voice with thousands of other insurance professionals across America. BLET PAC supports candidates who support legislation that is important to your business and is consistent with BLET's mission and goals: to promote a financially sound, competitive and private insurance market. Q. Does my personal contribution to BLET PAC really make a difference? A. Absolutely! Political leaders make decisions every day that have tremendous effects on the insurance industry and your business. Acting alone, your influence can be limited. But a contribution to BLET PAC gives you an effective way to support candidates for office who will change insurance regulations for the better and make our country a better place in which to be an insurance professional. Q. Does my personal contribution to BLET PAC really make a difference? A. The cost of running for public office has skyrocketed over the past few election cycles. PAC funds go toward many aspects of running a successful campaign, such as printing materials for flyers and handouts, purchasing advertising time and providing salaries for campaign staff. Q. What is a Prior Approval form and does it mean BLET PAC will contact my employees? A. A prior approval form is a FEC mandated form that must be signed before we can ask member companies to participate in BLET PAC. Simply put it is written permission from an authorized executive member of your company to grant BLET PAC the opportunity to seek financial contributions from your eligible employees. No! BLET PAC staff does not contact your employees unless you want them too. By granting BLET PAC authorization, a company is simply allowing us the opportunity to send PAC related materials and to opening a line of communication between you and BLET PAC. Q. Are there limits to individual contributions? A. Yes. Individual contributions to BLET PAC must not exceed $5,000 annually. When contributing to a given federal candidate, BLET PAC is limited to a $5,000 donation, per election cycle. Q. Can I make contributions using corporate funds? A. No. Contributions to BLET PAC must come from personal accounts or member. Q. Can contributors suggest candidates for support? A. Absolutely. The BLET PAC welcomes your suggestions and hope you'll to continue to participate in all our efforts.