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Electric Insurance Company Awards GE Volunteers Organization $50,000 to Support Vital Community Service Projects.


BEVERLY Beverly, city (1990 pop. 38,195), Essex co., NE Mass., on Massachusetts Bay; inc. as a city 1894. Its chief manufactures are electronic and scientific equipment, consumer goods, and chemicals. , Mass. -- Electric Insurance has recently awarded $50,000 in grant money to GE's "GE Volunteers" organization to fund important community service programs across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Grants ranging from $1,000 - $5,000 have been allocated to 16 projects through the 2007 Electric Insurance Grants Program. GE Volunteers is comprised of GE employee and retiree volunteers who strive to make a positive impact on communities throughout the world.

As a strong supporter of GE's commitment to improving communities and lives through volunteerism vol·un·teer·ism  
n.
Use of or reliance on volunteers, especially to perform social or educational work in communities.


volunteerism 
, leadership, and camaraderie ca·ma·ra·der·ie  
n.
Goodwill and lighthearted rapport between or among friends; comradeship.



[French, from camarade, comrade, from Old French, roommate; see comrade.
, Electric Insurance has awarded money to fund GE community service projects for the last 9 years. Over 50 grant applications from GE Volunteers councils were received for the 2007 award year. Each winning project was chosen for its uniqueness, impact on the local community, and overall volunteer participation.

Electric Insurance is a premier provider of quality personal lines insurance products offered at competitive rates with world-class world-class
adj.
1. Ranking among the foremost in the world; of an international standard of excellence; of the highest order: a world-class figure skater.

2.
 customer service. Originally incorporated in 1966 to serve the needs of GE's employees, Electric Insurance has since expanded its auto, homeowners, and umbrella insurance refers to insuring more than one property as opposed to insuring only one. For example the owner might get a discount for insuring both his house and car rather than insuring them with separate policies because it might cost more.  products to consumers through their independent agent channel and direct-to-consumer website. Electric Insurance is a direct benefit provider of Personal Excess Liability insurance to the GE workforce. The Company manages approximately $160 million in personal lines premium for nearly 125,000 policyholders. Electric Insurance holds solid credit ratings from top industry raters including an "A-/Excellent" from A.M. Best and an "A/Strong" from Standard & Poor's. To learn more about the 2007 award winners or Electric Insurance products, call 1-800-227-2757.
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Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 7, 2007
Words:257
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