NJ Teachers Ins Plan

NJ Teachers Ins Plan

To: STATE EDITORS

Contact: Cle Scouten, Communications Director, +1-732-978-6232

RED BANK, N.J., Aug. 3 /PRNewswire/ -- Teachers' Insurance Plan of NJ has donated over $50,000 since the inception in 2007 of the company's Quotes for Cash program. The 2008-2009 school year generated $29,000 in donations, an increase of over 30% from the prior year. The funds are being used for programs throughout the state to enhance the educational experience of New Jersey students and support the educational community. Part of the funds include scholarships for college-bound seniors, and grants to support innovative teachers.

"When we first introduced the Quotes for Cash program we were hoping to generate a win-win situation that benefited our partner educators around the state. I'm very pleased that we have been able to donate over $50,000 so far, and I hope that more schools and districts join so we can increase our impact on education in the Garden State," said Marc V. Buro, President, Teachers Auto Insurance Company of New Jersey. "As an insurance company that only does business with New Jersey educators, we have a special connection to the education community in New Jersey. We view our job as providing an excellent value for educators in terms of special rates and special coverages that other insurers simply can't match."

For the 2008-2009 school year, the scholarship award winners were all high school seniors who excelled in academics as well as overall achievements. Sixty-seven applications were received by Teachers' Insurance and five students were selected. The following students were the scholarship winners:

-- Stephanie Cooke is a student from Lacey Township High School within

the Lacey Township Public Schools District. She will be attending

M.I.T. in the fall studying Engineering.

-- Thomas Fitzpatrick is a student from Morris Catholic High School

within the Diocese of Patterson. Thomas will be attending Scranton

University to study Mathematics.

-- Lacey Higley is a student from Toms River High School South within the

Toms River Regional School District. Lacey will be attending

University of Maryland with an intended major of Pre-Law.

-- Kathryn Huryk is a student from Toms River High School North in the

Toms River Regional School District. Kathryn will be attending

Barnard College in the fall.

-- Patrick Maguire from Lacey Township High School in the Lacey Township

Public Schools District. Patrick will be attending Villanova

University in the fall to study Economics.

Teachers' Insurance Plan of NJ also awarded grants to teachers for special programs in NJ schools. The following New Jersey schools were awarded grants from the Quotes for Cash program:

-- MLK School Garden, Martin Luther King Elementary School, Edison

Township Public Schools

-- MP3 Reading Program, James Monroe Elementary School, Edison Township

Public Schools

-- Student Produced Memoirs, Carl Sandburg Middle School, Old Bridge

Township Public Schools

-- Create A Story, Published Authors, M. Scott Carpenter Elementary

School, Old Bridge Township Public Schools

-- Making Right Choices, Forest Hill Elementary School, Camden City

Public Schools, Camden, NJ

"Teachers' Insurance Plan of NJ has provided a real benefit to our schools' community," commented Kathleen Eagan, President of the Toms River Education Association. "Through Quotes for Cash, our teachers save money on car insurance and our students receive money to support them in their studies. In addition to the grant we also received from Teachers' Insurance Plan of NJ, we have been able to take full advantage of the company's program benefits -since 2007 that has translated into $7,500 for our school's scholarship fund, and for other student scholarships and grants," continued Eagan.

The 62 educational communities that already participate in the Quotes for Cash Program include:

Bedminster Township Public Schools, Benway School (Wayne), Berkeley Township School District, Brick Township High School, Buena Regional Schools, Camden Education Association, Cape May City Elementary, Cape May Schools for Special Services, Clearview Regional School District, Collingswood Public Schools, Diocese of Camden, Diocese of Paterson, East Orange Community Charter School, Edison Township School District, Farmingdale Elementary School, Fort Dix Elementary School, Gloucester County Institute of Technology, Greater Egg Harbor Regional, Haddonfield Borough, Harker-Wylie Elementary School (Pemberton), Helen Morgan Elementary School (Sparta), Highlands Board of Education, Hillsborough Education Association, Hudson School (Hoboken), Jackson Township School District, Keyport Public Schools, Kingsway School District, Lacey Township School District, Middlesex Regional Educational Services Commission, Mine Hill School District, Monmouth Academy, Mount Holly Board of Education, Mullica Township School District, Newark Teachers Union, North Brunswick Township Public Schools, Oaklyn Education Foundation, Old Bridge School District, Palmyra School District, Paterson Education Association, Paulsboro Public Schools, Pemberton Township High School, Pennsville School District, Perth Amboy Childhood Center (St. Mary's), Petway Elementary (Vineland), Pine Hill Middle School, Pittsgrove Township Board of Education, Plumsted Township School District, Point Pleasant Beach High School, Riverside Township School District, Robert Morris School (South Bound Brook), Robert Treat Academy, Roosevelt Public School District, Search Day School (Ocean), Somerdale Borough Public Schools, Sparta Alpine School, Stafford Township School District, Summerfield Elementary (Neptune), Toms River School District, Union Public Schools District, Willingboro Public Schools, Woodbridge Township School District, and Yeshiva Orchos Chaim Academy (Lakewood)

Through Quotes for Cash, money is donated into a fund each time a school employee of a participating school or district receives a quote on New Jersey auto insurance with Teachers' Insurance Plan of NJ. For districts that are involved, there is an additional component that includes scholarships and grants. Since its inception in 2007, the program has generated more than $50,000 for local schools. For more information about Quotes for Cash, contact Joseph Sansotta at 732-978-6420.

Teachers Auto Insurance Company of New Jersey provides auto insurance exclusively to the faculty and staff (active and retired) of New Jersey licensed educational facilities. Studies show that educators as a group are lower risk and have fewer claims, so Teachers' Insurance Plan of NJ can offer lower rates than insurance companies who insure everybody. For more information, please visit http://www.nj-teachers.com. SOURCE Teachers' Insurance Plan of NJ

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(c) 2009 U.S. Newswire Corp. To: STATE EDITORS. Contact: Cle Scouten, Communications Director, +1-732-978-6232. Teachers' Insurance Plan of NJ has donated over $50,000 since the inception in 2007 of the company's Quotes for Cash program. "When we first introduced the Quotes for Cash program we were hoping to generate a win-win situation that benefited our partner educators around the state.