Evocon EIA Announces That Chicago Title Will Provide Escrow Management Secure Vacations For Employment Interruption Assurance
October 8, 2009 by Perspective Magazine | Timeshare & Fractional ReviewsThe product provides assistance and peace of mind for purchasers during challenging economic times
Evocon EIA today announced this agreement with Chicago Title to introduce Secure Vacations, an employment interruption assurance (EIA) program for timeshare purchases.
Secure Vacations, the first EIA program of its kind to assist timeshare purchasers, is designed to assist purchasers in covering payments and maintenance fees should they experience a financial setback, such as involuntary unemployment, disability or bankruptcy. In addition, Secure Vacations will also offer a surrender clause, allowing a purchaser to give back their timeshare interest should they wish. Secure Vacations will provide a critical safety net for purchasers considering involuntary unemployment has reached its highest rate in over two decades; nearly 10 percent.
“With the current economic climate, we are thrilled to be part of such a timely and necessary program as, Employment Interruption Assurance,” said Michael S. Finn, managing partner of EVOCON EIA. “To be able to do this with a company as well known and solid as Chicago Title, just makes it that much more valuable to our customers.”
Secure Vacations is targeted at forward-thinking developers to help them overcome objections at the sales table to provide a competitive edge in helping them improve:
• Sales closing percentages
• Customer retention
• End-loan portfolios
• Customer satisfaction
Grant Miller, vice president and executive director of Chicago Title said, “At Chicago Title we understand and empathize with what is going on in the marketplace and we are pleased to be part of a program that assists our resort clients and customers improve their position in a difficult economy.”
EVOCON EIA is exploring future markets for employment interruption assurance, including furniture, jewelry, Lasik and other medical or dental procedures.
“We are excited that Chicago Title will be facilitating our escrow account and disbursements, this shows what can happen when two progressive organizations put their strengths together,” said Thomas O. Hansen, managing partner of EVOCON EIA.
About EVOCON EIA
EVOCON EIA is company within the EVOCON family. The Evocon Group is made up of proven professionals in direct sales and marketing, finance, management, feasibility and operations. Whatever your challenge may be Evocon has the solution. With training in Six Sigma, Leadership Strategies and First Rate Training, we will assess your needs and provide a process oriented solution. You will see results that have immediate effects and last as long as the process is followed. The Evocon Group is about building World Class Teams that last.
About Chicago Title National Timeshare
Chicago Title’s National Timeshare Division specializes in the closing process for various types of vacation interest ownership. The division, based out of Escondido, California, provides an array of services that include escrow closing, title insurance, inventory control, merchant account, electronic documentation, accommodation recordings, custodial, foreclosures, re-sales and deed transfers. Clientele include leading sellers of timeshares, points-based vacation clubs, travel clubs, fractional and shared ownership properties, and private residence clubs located throughout North America and Europe.
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