| Financial Guarantee 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
or full payments 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
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with Drive Africa, click
here
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