| The
SATSA Bonded logo serves to testify to the
fact that the bearer, being a SATSA member
in good standing, has a financial guarantee
in place to cover monetary deposits lodged
with the member in advance of services to
be rendered.
Should
the member become financially insolvent
prior to rendering the contracted service,
the bond, which has an indemnity limit of
R1.5 million, guarantees that deposits will
be refunded, or the service replaced, to
a maximum level of R300 000 per event or
R75 000 per claim against the insolvent
member.
This
is an insurance bond underwritten by Lombard
Insurance and certain underwriting syndicates
at Lloyd's of London and is administered
by SATSA, a section 21 company incorporated
not for gain.
Any
claim instituted against the SATSA Bond
should be directed, along with substantiated
documentation, to:
The Southern Africa Tourism Services
Association (SATSA)
PO Box 900
Ferndale
2160
Republic of South Africa
Tel: +27 (11) 886 9996
Fax: +27 (11) 886 7557
E-mail: ceo@satsa.co.za |
