Concord Group Insurance Companies said it is holding a lottery for policyholders that will award $500,000 worth of vouchers for home heating fuel to the winners.

The company said it is holding the event to prevent loss of life and property, and to raise awareness of improper heating systems

More than 58,000 individuals and families across New England are eligible, the company said, for Concord Group's one-time "A Warm Hand: Policyholder Heating Lottery" program.

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