Specialized Policy Has Unique Features that Don't Stretch Educators' Pockets BOSTON, July 30
BOSTON, July 30 /PRNewswire/ -- Liberty Mutual, the nation's eighth
largest car insurer, today announces its new car insurance policy that
provides added coverage and benefits for teachers without increasing the cost.
The customized policy is first available to teachers and school administrators
in Illinois, Minnesota and Nevada.
"Teachers -- who we celebrate and reward for their commitment to educating
our children -- have unique insurance needs," said Greg Gordon, senior vice
president of Marketing at Liberty Mutual. "Yet the average teacher's salary
isn't even keeping pace with the rate of inflation, so we've created a package
of benefits that doesn't stretch their pockets."
Liberty Mutual's customized educators' car insurance policy offering is
for full-time teachers and administrators at primary or secondary schools and
accredited colleges or universities. The no-additional-cost features include:
-- A Collision Deductible Waiver: The customer's deductible is fully
waived if a covered collision loss occurs while traveling on school business.
-- A Comprehensive Deductible Waiver: The deductible is fully waived if
the car is vandalized while parked at the school or at a school-sponsored
function.
-- Personal Property Coverage: Educational materials or school-owned
property stolen from or damaged in the teacher's car are covered at actual
cash value up to $2,500, with a $50 deductible.
In addition, teachers and administrators who are members of one of Liberty
Mutual's more than 10,000 affinity groups - including more than 1,200
educational partners -- could qualify for an additional discount. To learn
about the new teacher's car insurance policy or discount eligibility, contact
any local Liberty Mutual office in Illinois, Minnesota or Nevada, or call 1-
888-823-5644.
For information on how teachers can apply for one of 15 master's degree
scholarships from Liberty Mutual, or earn a 15 percent discount on graduate
professional development courses from Pearson, log onto
www.libertymutual.com/teachers.
Liberty Mutual Group
"Helping people live safer, more secure lives" since 1912, Boston-based
Liberty Mutual Group is a diversified global insurer and sixth-largest
property and casualty insurer in the U.S. based on 2007 direct written
premium. Liberty Mutual Group ranks 94th on the Fortune 500 list of largest
U.S. corporations, based on 2007 revenue. The company has over 41,000
employees located in more than 900 offices throughout the world.
The eighth-largest auto and home insurer in the U.S., Liberty Mutual
(www.libertymutual.com) sells full lines of coverage for automobile,
homeowners, valuable possessions, personal liability, and individual life
insurance. The company is an industry leader in affinity partnerships,
offering car and home insurance to employees and members of more than 10,000
companies, credit unions, professional associations and alumni groups.
SOURCE Liberty Mutual
