Employment Interruption Assurance (Eia) For Vacation Ownership Just Got More Substantial This product provides assistance and peace of mind for purchasers during challenging economic times Published October 19, 2009 Evocon EIA today announced this agreement with CSA Travel Protection® to introduce and deliver Secure Vacations, an employment interruption assurance (EIA) program for vacation ownership purchases. CSA Travel Protection ® is owned by Europ Assistance Group, giving CSA strong backing and global reach. CSA Travel Protection is already a trusted insurance provider to a great number of vacation providers. Secure Vacations, the first EIA program of its kind to assist vacation ownership 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. “This is an exciting alliance, CSA has had a long standing reputation for delivering quality insurance and assurance programs to travelers, a partnership with CSA and their partners such as Stonebridge and AEGON make it that much stronger” said Michael S. Finn, managing partner of EVOCON EIA. “This announcement combined with last month’s announcement of Chicago Title as our escrow provider, makes SECURE VACATIONS the leading program on the market” 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:
"Vacation ownership assurance is now more important than ever," said Frank Shellabear, president, sales division at CSA. "Our goal is to remove that risk by protecting vacation owners' maintenance, as well costs associated with additional arrangements." EVOCON EIA is exploring future markets for employment interruption assurance, including furniture, jewelry, Lasik and other medical or dental procedures. “CSA is an incredible company with the backing of strong industry leaders, we are pleased to have them as our partner” said Thomas O. Hansen, managing partner of EVOCON EIA. About EVOCON EIA About CSA Travel Protection Contact: |
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