In This Issue
Brewing a Pot of Savings
DIAM – Disability Insurance Awareness Month
Personal Financial Fitness: How Healthy is Your Bottom Line?
Tucson Events You Don’t Want To Miss
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Feliz Cinco de Mayo!
The 5th of May is an important day in Mexico’s history, but it has also become a
day of fun and celebration in the United States. Many believe that Cinco de Mayo
is Mexico’s Independence Day. In fact they declared independence from Spain in September,
1810.
Cinco de Mayo is a commemoration of an important battle that occurred on May 5,
1862 against an attempt at colonization by the French Emperor, Napoleon III. As
the story goes, a calvary of ill equipped soliders, lead by General Zaragoza, defeated
the French who were attempting to over take Mexico City.
In Mexico, the day is primarily celebrated in the region around Puebla, about 100
miles east of Mexico City, where the battle took place. However, in areas around
the United States, Tucson included, Cinco de Mayo is a reason to party and celebrate.
So strike up the mariachi band and have a fiesta!
Best wishes from David M. Lovitt, Jr. and the team at DM Lovitt Insurance Agency
Brewing a Pot of Savings
With the economy as it is, it seems like everyone is looking for ways to save money.
We aren’t just trying to trim our personal budgets. Businesses are also looking
for ways to cut back and reduce expenses.
Some expenses are easy to identify and reduce, like turning off extra lights or
eliminating the free donuts in the breakroom (But not the coffee! For everyone’s
sake, don’t get rid of the coffee!). Others may take a little more effort to find,
but are well worth the savings in the end.
One such expense is your business insurance. If you haven’t talked to your agent
about changes in your business, you could be spending more than you need to. Do
you have…
Fewer employees?
Lower payroll?
Changes in your operations?
Have you sold any contents or equipment?
If so, you may be able to make changes to your business policies and lower your
annual premium. Just think, the money you save could buy more coffee. Alert and
energized employees means higher productivity, which creates more sales, which could
mean a profit for the company. Problem solved.
So, don’t wait. Pour yourself a fresh cup and call your agent today.
DIAM – Disability Insurance Awareness Month
Many people have bought life insurance after giving serious thought to how their
death might impact their families’ living standards. Few, though, give the same
level of consideration to disability insurance. Ironically, the typical worker
faces a much higher risk of extended disability than of premature death. But for
a variety of reasons, disability insurance remains one of the most overlooked and
misunderstood forms of insurance.
Though disability is behind a significant number of home foreclosures and personal
bankruptcies, insuring against it has not been a high priority for most workers
because many assume they’re already covered through Social Security, state-mandated
Workers’ Compensation or employer-provided group plans. However, there are numerous
holes in this safety net of coverage.
Only about 39% of the 2.1 million workers who applied for Social Security Disability
Insurance benefits in 2005 were approved. And those who are approved get an average
benefit of just $1,004 monthly – hardly enough to replace the average worker’s income.
Workers comp covers only work-related disabilities, but 95% of disabling accidents
and illnesses aren’t work-related. And what about coverage through work? It’s a
great employee benefit, but it’s not available to many workers. Only 36% of all
full-time employees have access to long-term disability insurance through their
employers.
So what’s a worker to do? Explore his or her or options. If your employer offers
disability coverage, take the time to find out if the coverage would be sufficient
to meet your income replacement needs in the event of a disabling illness or accident.
If it’s insufficient, your employer may offer you the option to increase your disability
benefit, often through a voluntary payroll deduction. Another option is to purchase
coverage on your own.
You may not realize it, but your home, your car and your jewelry are NOT your most
valuable assets. It’s your ability to earn an income. Without it, you wouldn’t be
able to make your monthly mortgage or car loan payments.
May is Disability Insurance Awareness Month (DIAM), the perfect time for a disability
insurance “reality check.” Take this opportunity to make sure you’d be ok financially
in the event of a disability that keeps you out of work for an extended period of
time.
Personal Financial Fitness: How Healthy is Your Bottom Line?
There is a new class at Pima Community College (PCC) taught by Jennifer Gooch of
DM Lovitt Insurance Agency and three other financial professionals. This half-day
class will cover several aspects of Personal Finance, with presenters specializing
in
*Personal Money and Debt Management, Budgeting
*Consumer Credit Reports and Scores
*Health and Disability Insurance
*Financial and Retirement Planning
From the PCC Course Catalog:
“Personal Financial Fitness: How Healthy is your bottom line?
Now is the time to tend to your financial future. Receive information and strategies
to apply to your finances, expenses,credit, insurance and retirement plans. Gain
the knowledge and confidence you need to make better financial decisions.”
This non-credit course is only $49.
It will be held:
Saturday, May 16, 2009 8:30 a.m. to 12:30 p.m.
and again on
Saturday, June 24, 2009 8:30 a.m. to 12:30 p.m.
Invest in a morning of valuable, money-saving information and receive the latest
info on the covered topics, learn strategies that you can use immediately, and
have your questions answered by experts. Attendees will receive additional take
home materials to improve their Financial Fitness now and into the future.
Details are in Pac’s Community Course Catalog, page 20, course # FI127. You can
click here to go to Pac’s registration page and reserve your seat now.
Tucson Events You Don’t Want To Miss
Tucson Botanical Gardens – Mother’s Day at the Gardens
2150 N. Alvernon Way
Sunday May 10th
Treat your mom to a lovely day in the Gardens! Stroll through the floral lined paths
and shop for distinctive items in the Gift Shop. Bring a picnic or let the Gardens
Café featuring Café 54 do the work for you. Hot brunch served from 10:00 a.m. -
1:30 p.m. No reservations required. Boxed picnic lunches will also be available
at the Café between 10:00 a.m. and 1:30 p.m. for $10.00.
For more information visit www.tucsonbotanical.org
Fox Tucson Theatre’s Summer Movie Series
17 W. Congress St.
June – August
Summer Classic Movie Serials
Saturday afternoons at 1:00 pm
The Wolf Dog, The Undersea Kingdom, The Green Archer
Originally, individual episodes of these serials were broadcast weekly during the
Mickey Mouse Club at the Fox in the 1930’s and 1940’s. Each serial chapter is approx.15
minutes long, and the Fox will be screening 4 chapters of one serial each week,
one serial per month this summer. These are great for the entire family.
Summer Movies at the Fox
Various Dates, 7:30 pm
The Best Years of our Lives · The Searchers · The Afican Queen· The Great Escape
· It Happened One Night · The Misfits · Sunset Boulevard · The Bridge on the River
Kwai · Dr. Strangelove
For more information or to purchase tickets visit www.foxtucsontheatre.org
Contact Us
Health / Life / Disability
David M. Lovitt, Jr., CLU
Carina Lovitt
Kathy Dunn
Jennifer Gooch
Auto Home
Patricia Hughes
Lynell Anderson, CISR
Debbie Meehan
Commercial Liability
Mitch Childers
Mona Poniske, CIC
