|NOMINATED FOR BEST BUSINESS PRODUCT|
I would like to nominate Vacation SafeGuard for the award for best business product this year. Vacation SafeGuard has created the worlds first, and only, guaranteed buy back program for owners in the vacation ownership industry that is fully backed and supported by insurance. Never before has a company been able to provide owners the opportunity to enjoy their ownership risk free, and then be able to get back 100% of the money they spent. Even more incredible is the fact that it works for both new owners as well as current owners. This addresses many issues for the resort or club in terms of losing their members whether to legacy issues, trade in and cancellation companies, or other factors. The club can now build and maintain a strong membership base where the owners have a built in exit strategy as an option if they so wish.
The design and launch of this unique and innovative program has been a wild success, and is certainly deserving of the title of Best Business Product at this years award simply because it builds a better and stronger business overall. This program was designed to address the concerns of the client, but was built to work for the club or resort. It is a strong closing tool that takes away the money objection. Now the club can build the value in their program, and the new owner has the peace of mind they need to make the decision to buy today.
Because Vacation SafeGuard has partnered with Aon, one of the worlds largest and most recognizable insurance companies in the world, the strength of the program and the additional credibility it brings, helps make the new owner feel safe and secure in their investment. The very design of the program was detailed to enable any club to offer it without the need for licensing or oversight from insurance or investment agencies. Because the entire pool of funds is what is insured, no individual policies are required and no special training or licenses are needed.
This is an important aspect of the innovation and intelligent design of the program overall. If it is too complex or difficult to use then it would never get the traction needed to be a wild success. Within the first 6 months, Vacation SafeGuard has been implemented in more than 40 clubs in 8 countries and is continuing its rapid growth by expanding this scope month after month. This consistent and vibrant growth is a testament to the strength of the program and the value it brings to each club who incorporates it into their sales process. Thank you for your consideration.