EXHIBIT 99.(a)(1)(D)

                              PRESERVER GROUP, INC.
                           OFFER TO PURCHASE FOR CASH
                            ALL OF ITS COMMON SHARES
                             AT $7.75 NET PER SHARE

THE OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON
FEBRUARY 14, 2002, UNLESS THE OFFER IS EXTENDED.

                                  -------------

To Brokers, Dealers, Commercial Banks,
Trust Companies and Other Nominees:

We are enclosing herewith the material listed below relating to the offer by
Preserver Group, Inc., a New Jersey corporation (the "Company"), to purchase all
of its outstanding shares of Common Stock, par value $0.50 per share (the
"Shares"), for cash at $7.75 per Share net to the seller, upon the terms and
subject to the conditions set forth in the Offer to Purchase dated January 14,
2002, and in the related Letter of Transmittal (which together constitute the
Offer). THE OFFER IS CONDITIONED UPON A MINIMUM NUMBER OF 676,140 SHARES BEING
VALIDLY TENDERED.

We have been engaged by the Company as Information Agent with respect to the
Offer. We are asking you to contact your clients for whom you hold Shares
registered in your name (or in the name of your nominee) or who hold Shares
registered in their own names. Please bring the Offer to their attention as
promptly as possible. No fees or commissions (other than fees to the Information
Agent and the Tendering Agent as described in the Offer) will be payable to
brokers, dealers or other persons for soliciting tenders of Shares pursuant to
the Offer. The Company will, however, upon request, reimburse you for customary
mailing and handling expenses incurred by you in forwarding any of the enclosed
materials to your clients. No shareholders will be required to pay transfer
taxes on the transfer to the Company of Shares purchased pursuant to the Offer,
subject to Instruction 6 of the Letter of Transmittal.

For your information and for forwarding to your clients, we are enclosing the
following documents:

(1) Offer to Purchase dated January 14, 2002;

(2) Specimen Letter of Transmittal to be used by holders of Shares to tender
Shares and for the information of your clients;

(3) Letter from the President of the Company to shareholders.

(4) Form of Notice of Guaranteed Delivery;

(5) Guidelines for Certification of Taxpayer Identification Number on Substitute
Form W-9;

(6) Letter which may be sent to your clients for whose accounts you hold Shares
registered in your name (or in the name of your nominee), with space provided
for obtaining such clients' instructions with regard to the Offer; and

(7) Return envelope addressed to First Union National Bank, Tendering Agent.

WE URGE YOU TO CONTACT YOUR CLIENTS PROMPTLY. PLEASE NOTE THAT THE OFFER AND
WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON FEBRUARY 14,
2002, UNLESS EXTENDED.

Your communications to shareholders with respect to the Offer will constitute
your representation to the Company that (i) in connection with such
communications you have complied with the applicable requirements of the
Securities Exchange Act of 1934, as amended, and the applicable rules and
regulations thereunder; (ii) if a foreign broker or dealer, you have conformed
to the Rules of Fair Practice of the National Association of Securities Dealers,
Inc. in making such communications; and (iii) in connection with such
communications you have not used any offering materials other than those
furnished by the Company.



The Offer is not being made to (nor will tenders be accepted from or on behalf
of) holders of Shares residing in any jurisdiction in which the making of the
Offer or the acceptance thereof would not be in compliance with securities or
Blue Sky laws of such jurisdiction.

Additional copies of the enclosed material may be obtained from the undersigned.
Any questions you may have with respect to the Offer should be directed to the
undersigned at (800) 654-2468.

Very truly yours,

MORROW & CO., INC.

                                 ---------------

NOTHING CONTAINED HEREIN OR IN THE ENCLOSED DOCUMENTS SHALL CONSTITUTE YOU OR
ANY OTHER PERSON THE AGENT OF THE COMPANY, THE TENDERING AGENT OR THE
INFORMATION AGENT OR AUTHORIZE YOU OR ANY OTHER PERSON TO MAKE ANY STATEMENTS OR
USE ANY MATERIAL ON BEHALF OF ANY OF THEM WITH RESPECT TO THE OFFER, OTHER THAN
THE MATERIAL ENCLOSED HEREWITH AND THE STATEMENTS SPECIFICALLY CONTAINED IN SUCH
MATERIAL.


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