PRESIDENT REAGAN'S DEATH INSPIRES BANKERS LIFE AND CASUALTY COMPANY TO PLEDGE ADDITIONAL FUNDS TO ALZHEIMER'S ASSOCIATION
Friday, June 18, 2004
CHICAGO (June 18, 2004) - In the wake of the
death from Alzheimer's disease of President Ronald Reagan, Bankers
Life and Casualty Company has announced it will match the amount
raised by its employees in the Alzheimer's Association's 2004
Memory Walk in Chicago.
"The story of Ronald and Nancy Reagan's struggle with
Alzheimer's touched many people, including many of us at Bankers,"
said Bill Prouty, chief operating officer of Bankers. "The Reagan
family's struggle over the last 10 years was a powerful
illustration of the devastation of the disease."
Prouty said Bankers' research reveals Alzheimer's to be the
number one fear of seniors about aging. "Bankers is an insurance
company focused on the needs of seniors," he said. "These are our
friends and clients. That's why we look for opportunities to serve
the 4.5 million Americans suffering with the disease and their
families and friends."
Sheldon Goldberg, president and CEO of the Alzheimer's
Association, said, "Alzheimer's research is in a very hopeful place
right now. We are close to realizing our dream of a 'World Without
Alzheimer's.' The strides we've made in the last 10 years may very
well lead to the end of this disease and we simply could not be
where we are now without help from friends like Bankers."
The Memory Walk is the largest national fundraising event for
Alzheimer's disease raising more than $120 million since 1989.
Every year in September and October, millions of men, women and
children participate in some 600 communities.
The Chicago-based life and health insurance company has combined
corporate giving with fundraising to contribute nearly $750,000 for
the Alzheimer's Association over the last three years. Through its
premiere corporate sponsorship of the annual Rita Hayworth gala in
Chicago, the company funds grant making by the Nancy and Ronald
Reagan Institute of the Alzheimer's Association. Currently, Bankers
grants are funding Alzheimer's research at Harvard University and
the University of Chicago.
Bankers also fights the disease through its annual Forget Me Not
Days fundraiser. This year, Bankers agents and employees, their
families and friends collected nearly $85,000 to benefit local
Alzheimer's Association chapters in 50 U.S. cities.
Established in 1879 and headquartered at the historic
Merchandise Mart in downtown Chicago, Bankers Life and Casualty
Company focuses exclusively on the financial security needs of
seniors. The company offers a broad portfolio of health and life
insurance and retirement savings products designed especially for
seniors. These products are distributed through a national network
of professionally trained company agents. Visit us online at www.bankers.com.