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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
For more information, click here.
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