Life Time Fitness Management Discusses Q1 2013 Results - Earnings Call ...
Life Time Fitness ( LTM ) Q1 2013 Earnings Call April 25, 2013 10:00 AM ET
Great day, ladies and gentlemen, and welcome to the First Quarter 2013 Life Time Fitness Earnings Conference Call. My name is Katina, and I'll be your coordinator for today. [Operator Instructions] As a reminder, this conference is being recorded for replay purposes. I would now like to turn the presentation over to your host for today's call, Mr. John Heller, Senior Director of Investor Relations and Treasurer. Please proceed.
Thanks, Katina. Good morning, and thank you for joining us on today's conference call to discuss the first quarter 2013 financial results for Life Time Fitness. We issued our earnings press release this morning. If you did not obtain a copy, you may access it at our website, which is lifetimefitness.com. Concurrent with the issuance of our first quarter results, we have filed a Form 8-K with the SEC, which also includes the press release. On today's call, Bahram Akradi, our Chairman, President and CEO, will discuss key highlights from our first quarter and our operations. Following that, Mike Robinson, our CFO, will review our financial highlights and provide updated guidance for 2013. Once we have completed our prepared remarks, we will answer your questions until 11:00 a.m. Eastern Time. At that point in the call, Katina will provide instructions on how to ask a question. In order to address as many questions as possible, please limit yourself to only one. I will close with a tentative date of our second quarter 2013 earnings release and call. Finally, a replay of this teleconference will be available on our website at approximately 1 p.m. Eastern Time today. Today's conference call contains forward-looking statements, and future results could differ materially from those statements made. Actual results may be affected by many factors, including the risks and uncertainties identified in our SEC filings. Certain information in our earnings release and information disclosed on this call constitute non-GAAP financial measures, including EBITDA and free cash flow. We have included reconciliations of the differences between GAAP and non-GAAP measures in our earnings release and our Form 8-K. Other required information about our non-GAAP data is included in our Form 8-K. With that, let me now turn the call over to Bahram Akradi. Bahram?
Insurer novastris' new personal accident insurance can provide financial ...
(PRWEB UK) 24 April 2013
Novastris is advising customers its new personal accident insurance product can offer financial help in the event of an accident that prevents them from working.
The cover starts from as little as £1.02 per month and can provide all the usual benefits that consumers would expect when they take out personal accident protection.
This includes a tax free lump sum in the event of a fatal accident from a minimum of £10,000 up to five times the individual’s income or a maximum of £250,000. This accidental death benefit can be paid out as specified by the customer. The monthly cost of the cover increases with the increasing benefit but customers can choose the level that suits their needs.
But unlike some personal accident insurance products on the market, a policy purchased from novastris, can also include permanent and temporary disablement cover.
This means that, for example if a self-employed builder earning £30,000-a-year broke his leg on a Sunday morning playing football and was unable to work he would, based on an accidental death benefit of £50,000 that included temporary disablement cover, receive a weekly benefit of £100 until he was able to return to work. This is subject to a maximum of one year. The builder would start receiving his payments after 30 days. The monthly premium for this policy would be £30.20.