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November 05, 1993 - Image 40

Resource type:
Text
Publication:
The Detroit Jewish News, 1993-11-05

Disclaimer: Computer generated plain text may have errors. Read more about this.

Why Pay Full Price
For A New
Company Vehicle?

If you only plan on using the car for a
couple of years, doesn't it make sense to only
pay for that portion of the vehicle's value?

Atlas Auto Leasing Offers
Clear Cut Advantages...

• 30 years experience serving companies
like yours throughout the U.S.

• A complete line of cars, trucks, vans all
makes, all models, domestic or foreign.

• Personalized ongoing contact with
representatives skilled in fleet analysis,
lease structuring and financial planning.

• And most importantly: The right leasing
plan for you at the right price.

-4_

COAST TO COAST

Joseph B. Slatkin,

PET page 39

lievable statistics to back up her
belief that pets need insurance,
too.
According to a 1991 study
conducted by Veterinarian Ser-
vice Marketing, nearly 2 million
dogs and 2.3 million cats are
registered in Michigan. Na-
tionwide, there are 52 million
dogs and 57 million cats.
In the Midwest states of
Michigan, Ohio, Illinois and
Wisconsin, 56.5 percent of all
households own cats or dogs.
And according to the American
Veterinary Medical Association,
pet owners in 1991 spent an es-
timated $4.56 billion on health
services for dogs and $2.3 bil-
lion on services for cats.
"We don't expect it to be a big
money maker unless we sell a

ing veterinary fees, operations,
X-rays, prescriptions and hos-
pitalizations once the annual
deductible is met.
Available in two plans, the
silver tag plan is for those who
prefer a lower deductible in ex-
change for lower coverage lim-
its. The gold tag plan provides
higher coverage limits with a
higher deductible and a lower
premium. Each plan covers
spay/neuter services, which is
not subject to the deductible.
The average policy for a pet
under age 10 is $59 a year.
Katherine Lucy operates the
Belle Creek Kennel in Livonia,
and has gone out of state to pur-
chase Medipet pet insurance for
her nine dogs during the past
decade.

owner of Dexter
Chevrolet for
over 50 years,
and owner of
Atlas Leasing for
over 30 years is
proud to be at
your service!

ATLAS AUTO LEASING, INC.

39935 Grand River (West of Haggerty) • Novi, MI

Call Us Today For More Information (313) 442-7600

Marilyn Chernoff with Tootsie.

million policies," said Ms. Cher-
noff, whose agency has sold
about 200 policies (at an esti-
mated $5 commission). "But it
has great potential. It is ex-
tremely worthwhile. It is a com-
munity service."
For the past six months, Kel-
ter-Thorner has been Michi-
gan's exclusive agent for
Medipet, which pays 70 percent
of all covered expenses, includ-

She is glad someone finally
is making it easier to obtain the
insurance, and she estimates
she saves about $1,000 a year
in veterinary bills with the in-
surance.
"It just seemed unfeasible to
sell this stuff in previous years,"

Ms. Lucy said. "People are start-
ing to realize that we do have
big medical bills. Pets are part
of the family." ❑

LEADING ISRAELI STOCKS
TRAM]) ON US. EXCHANGES

TEL-TWELVE MALL
SOUTH FI ELD
313-355-3660

Symbol

Name

Exchange

Oct. 8

Oct. 15

Change

SCIXF
ECILF

Scitex

NASDAQ
NASDAQ

'24.75
M9.25
'27.88
'30.25

'24.63

-'0.12

M8.75
'29.75
'31.88

'37.50

'38.25

-$0.50
+'1.87
+'1.63
+50.75

'5.13
'17.13
'34.63
'14.00
'11.75

'5.00
'18.25
'35.13

TEVIY
IEC

ECI Telecom
Teva Pharm
PEC Israel

ELBTF
ELT

Elbit Computers
Elscint LTD

ELRNF
TAD
CMVT
LANTF

Elron Electronics NASDAQ
Tadiran
NYSE
Comverse
NASDAQ
Lannet Data
NASDAQ

NASDAQ
NYSE

NASDAQ
NYSE

'15.38
'12.38

+'1.12

+$0.50
+'1.38
+$0.63

Source: Allen Olerzder, Prudential Securities,
West Bloomfield.

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