CHATTANOOGA, TN--(Marketwire - May 4, 2012) - United Road Towing (URT) recently donated $45,000 to the Survivor Fund (SF) on behalf of its employees. The Survivor Fund, founded in 2006 and managed by the International Towing and Recovery Hall of Fame and Museum, was started to offer financial support to the families that have lost a loved one in the line of service within industry. Since 2006 the Survivor Fund has approved and paid out over 150 claims to support families in their time of need due to tragic accidents. As a follow up to URT's donation, the Survivor Fund Committee voted to increase the death benefit paid to each approved application from $1,500 per incident to $2,000 per incident. If the deceased was employed by a member company of the International Towing & Recovery Hall of Fame & Museum, the benefit increases to $2,500.
"We are thankful for URT's overwhelming generosity in helping the Survivor Fund reach a significant goal in funds raised while operating in such a difficult economy. The committee decided based on past averages and current investments on hand that now was the time to increase funds for those who apply for assistance. This has always been the Survivor Fund's goal and to achieve this in the first six years speaks mountains for the support the industry has shown," said Jeffrey Godwin, the SF Committee Chairman. "On behalf of all of our employees and their families as well as our three fallen employees who are recognized on the Wall of The Fallen, we couldn't think of a more meaningful charity for which to contribute. Our hope is that the funds will lessen the pain for the families left behind when these tragedies occur," said Jerry Corcoran, CEO of URT.
The International Towing & Recovery Hall of Fame & Museum hosts the Wall of the Fallen Memorial, the only one in the world for the Towing Industry. It was unveiled September 22, 2006. The museum is currently located at 3315 Broad St., Chattanooga, TN www.internationaltowingmuseum.org
United Road Towing, Inc. is the leader in towing, recovery, impound, and vehicle management solutions in both the private and public sectors. Through an extensive portfolio of local and regional brands, the Company dispatches approximately 500,000 tows, manages over 300,000 impounds and sells over 60,000 vehicles annually across the United States. The Company currently operates out of 13 major markets and is headquartered in Mokena, IL. www.unitedroadtowing.com