Coventry First Calls on Secondary Life Insurance Market to Donate $1 Million to Katrina Relief Efforts
Industry Leader Kicks Off Effort with $100,000 Contribution
FORT WASHINGTON, Pa., Sept. 23 /PRNewswire/ — Coventry First, a pioneer in the secondary market for life insurance, today put out an urgent call to its industry counterparts to contribute a minimum of one million dollars to support local recovery and rebuilding efforts on the Gulf Coast. As a sign of its commitment to the cause, Coventry First announced that it is contributing $100,000 to jump-start the effort. As an added measure of support, the company will match employee contributions dollar-for-dollar.
“Our hearts go out to the people of the region, who have endured the unimaginable,” said Constance M. Buerger, President and Chief Operating Officer. “We are still shocked at the magnitude of this tragedy and feel it is our obligation to support the relief efforts financially and otherwise. We are confident others in the industry will join in the effort to help these brave people rebuild their lives and their communities.”
Coventry First is providing immediate assistance and long-term family restoration to Louisiana’s citizens through the Louisiana Disaster Recovery Foundation. In Alabama, contributions will help find long-term housing for people who lost their homes and to cover the unmet needs of victims of the storm through Operation Golden Rule.
This initiative is the latest in the largest relief and response effort in the history of the United States, as corporate and private citizens continue to contribute millions of dollars to help restore this vital region of our nation.
Source: Yahoo!
