Zavitz Insurance Inc.

Zavitz Insurance Inc. specializes in protecting your financial wellbeing in the event of accident, sickness or death. How would you survive if you could not work and earn an income? Could you afford the extra expenses incurred due to a serious illness? How would your family afford to maintain their lifestyle if you died? Could your retirement fund sustain the cost of private care if you could not care for yourself? Contact our office to discuss how we can help protect you and your family from the financial risks to which you are exposed.
Why Deal With Zavitz Insurance? At Zavitz Insurance Inc. our goal is to offer diverse, leading-edge insurance solutions to our clients. With expertise in Living Benefits, Life and Group Insurance we work with all the major insurance carriers to provide you with the insurance solutions particular to your needs. Our process is called Partners in Practice, Business and Life". We work with you as your partner in helping you secure your financial future, as well as work with your team of advisors such as your accountant, lawyer and investment advisor to provide consistent well-rounded advice. Our team at Zavitz Insurance Inc. are passionate about our work and our community. We make it a priority to be involved in community events as well as volunteer for not for profit and charity organizations. See Our Team page for a listing of our staff and their community involvements. Zavitz Insurance Has Moved! Zavitz Insurance and Jindal Financial have purchased a building in downtown London. We are now located at 439 Dundas Street, London Ontario, N6B 1W1. Check out the following press releases on our exciting relocation: London Free Press - 'Firms share some space, staff' LEDC - 'Joint Venture Aims to Revitalize Core Community' Terry Zavitz Appears in March Edition of Forum Magazine As the chair of Advocis National, Terry Zavitz was the feature of the March edition of Forum Magazine, which is a magazine for financial advisors. Please click here to read her spread. Nik Harron is a local artist who helped decorate our new office with his beautiful artwork. Check out his website at www.nikharron.com.		Shopping for Disability Insurance View the video below to learn why you need disability insurance and what challenges you face when shopping for the right coverage. Click Above! There is a lot to know about disability insurance. Different provisions exist and variations of these provisions can complicate the process of finding the right fit for you. Simply looking at a price will not ensure adequate coverage. “You get what you pay for” is not always true, but in the world of disability contracts it is the golden rule. So what do you need to know about your disability contract? 1. Definition of total disability: are you covered if you cannot do the duties of your regular job? Or will they try to determine whether or not you can do any job to which you are reasonably suited, and if so how do they determine what is reasonable? 2. Partial benefits: does the policy pay a monthly benefit in the event that you can still work part time? If so, how do they pay the benefit? Is there more than one option for claiming when working part time to ensure maximized benefits depending on your circumstances? 3. Exclusions: what is not covered in your policy? 4. Guarantees: can the insurance company change premiums, provisions, or cancel the contract on you at any time? 5. Renewability: when does the contract expire? Will it allow you to continue your coverage if you decide to continue working beyond age 65? If so, for how long? 6. Satisfying the waiting period: how is the waiting period satisfied? Is it necessary to be totally and consecutively disabled? Or can you add up total and/or partial days of disability over a period of time? 7. Recurring disabilities: is there a provision that allows for an automatic continuance of benefits if a disability of the same or related cause returns? Or will you be asked to satisfy the waiting period again? 8. Others: are there other clauses such as presumptive, catastrophic, or recovery? 9. Additions: are there extra riders that can be added to your policy to enhance your contract? Some important clauses include options to increase coverage, cost of living adjustments, and own occupation (relevant for specialized professions). 10. Price: the lowest price is not always the best. The reality with disability insurance is you can pay less for a policy and never receive any benefit from it, or you can pay more and get something out of it. These are great points to know about before you purchase. If you already have a policy and are unsure what you have, you should call your advisor for a review. For a list of definitions relating to some of the terms found within this article, please visit www.zavitzinsurance.com and visit the disability insurance section located under “Products & Services.” Up next – How to Choose an Advisor? Travel Insurance Required for Entry Into Cuba As of May 1, 2010, travellers to Cuba will be required to present proof of emergency medical insurance before being allowed entry into the country. Upon arrival in Cuba you will be asked to show proof of insurance covering the duration of your stay, or you will be forced to purchase travel insurance at customs. Documentation can include a policy, certificate, or travel assistance card that is valid for the time frame you are visiting. Some of you may have travel insurance through your employer’s plan and were given an emergency travel insurance card. Depending on the insurance company, you may need to request a letter which confirms that you have coverage in place for the duration of your stay. Your medical emergency card often does not indicate this and will not be sufficient proof of coverage. Travel insurance can be obtained a number of ways and it is definitely a good idea to shop around. Look online at sites like www.useblue.com or www.gms.ca. Also talk to your travel agent and insurance broker to see what they can offer. You never know what the quality of travel insurance is like in Cuba or what is costs, so be sure to take all the right steps before you leave so you can enjoy your vacation right from the beginning! Fighting for Recognition Click here to read Terry Zavitz' most recent article featured in the June edition of Forum Magazine. The Value of Advice After the economic downturn, many people doubted the value of their financial advisors. Click here to read an informative article from the June 2010 edition of the Globe and Mail Report on Business, which helps comsumers understand the value that comes with financial advice.