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COVID-19 Action Center

As we work together to ensure the American people feel safe and secure during this novel time, AALUGAMA is here to provide guidance and resources to our members and the entire financial security profession. We are a community that all are facing similar hurdles and we are providing the most comprehensive, up-to-date news and information in order for you to continue serving your clients and supporting your business. 

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Political Campaigns and COVID-19

From early-morning breakfasts to late-night receptions, political candidates spend their days shaking hands, visiting homes, and addressing crowds. In a presidential race, candidates will travel across the nation, often visiting multiple states and cities in the same day. As we have seen in recent weeks, COVID-19 has halted this travel and in-person campaign activity.

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What's New

PDF: SEC Regulation Best Interest Takes Effect on June 30 What Producers Need to Know

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PDF: I Got My PPP Loan. Now What?

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Video: *You Ask, We Answer: PPP Loan Forgiveness & Application Process

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VIDEO: My PPP Loan Was Approved – Now What?

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ALERT: PPP Certification & Disclosure 

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ALERT: SEC Says PPP Loans MAY Require Disclosure to Clients

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What's Next

Multiline Series: Part IV: How to Close Business & Series Wrap Up
Joe Gergely of COUNTRY Financial, Mark Miletello of American National Insurance Company, Michelle Hubert of Farm Bureau Financial Services, and Troy Korsgaden of Korsgaden International
Date/Time: Monday, June 8, at 11:00 a.m.

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PPP Loans: Changed Again and Yes, You Need to Know
Speakers: Armstrong Robinson, Josh Caron, and Alex Cisneros of AALU/GAMA
Date/Time: Tuesday, June 9, at 11:00 a.m.

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*You Ask, We Answer: PPP Loan Forgiveness & Application Process (MEMBERS ONLY)
Speakers: Josh Caron, and Alex Cisneros of AALU/GAMA
Date/Time: Tuesday, June 9, at 1:00 p.m.

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Will COVID-19 Produce a Political Earthquake?
Speakers: Armstrong Robinson of AALU/GAMA, and Josh Holmes of Cavalry
Date/Time: Wednesday, June 10, at 11:00 a.m.

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Underwriting Series: Part III: Flash Forward
Speakers: Gonzalo Garcia of AgencyONE, Colin Devine of C. Devine, Associates & Health Catalyst Capital, and Trey Reynolds of MIB Group Inc.
Thursday, June 11, at 1:00 p.m. 

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Underwriting Series: Part IV: Where Are We Now?
Gonzalo Garcia of AgencyONE, Nichole Myers of Swiss Re's, Dave Dorans of Clareto, and Neal Halder of Principal Financial Group
 Thursday, June 25, at 1:00 p.m. 

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What's Noteworthy

A Guide to the SBA Loan Programs For Statutory W2 Employees and Independent Contractors

If you receive wages as a “statutory” W2 employee or as an independent contractor, you are eligible for both the Paycheck Protection Program (PPP) loans and its loan forgiveness program, and also the SBA’s Economic Injury Disaster Loan (EIDL) program.

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