"What is IFAPAC?
The Insurance and Financial Advisors Political Action Committee (IFAPAC) describes collectively the PAC sponsored by NAIFA at the federal level and the PACs sponsored by each state association. Each PAC is a fund that supports the campaigns of candidates for public office who understand issues important to insurance agents and financial advisors.
IFAPAC’s goal is to help the associations advance the legislative and regulatory interests of the members of NAIFA. While any U.S. citizen can contribute to IFAPAC, only members of NAIFA may be solicited to do so. Contributions must be voluntary. Contributions are not tax deductible for federal income tax purposes. Of approximately 4,600 political action committees registered with the Federal Election Commission, IFAPAC ranks in the top tier. IFAPAC is the largest insurance PAC in the country. In the last election cycle, the national IFAPAC contributed approximately $1.8 million to federal candidates and committees." - naifa.org
"NAIFA's Advisors Political Involvement Committee (APIC) oversees a database of thousands of insurance agents and financial advisors who have volunteered to be part of NAIFA's nationally-recognized legislative action team. When federal legislation hits a crucial point in the process on Capitol Hill, NAIFA activates its contact system. Agents and advisors around the country communicate NAIFA's message on Capitol Hill about issues that affect their livelihoods. This contact takes place in the form of letters, faxes, phone calls and face-to-face meetings in congressional districts and in Washington, D.C." - naifa.org