When
you see the USTOA logo with the emblem identifying the
$1 Million Travelers Assistance Program, you can be
confident that it represents a company that upholds
the travel industry’s highest standards...
USTOA's
$1 Million Travelers Assistance Program requires each
USTOA Active Member company to post $1 million in
security in the form of a bond or letter of credit.
The security, to be held by USTOA Tour Depositors
Trust, is solely for use in
reimbursing consumers for tour payments or deposits
lost in the event of:
- A
USTOA Active Member bankruptcy
- A
USTOA Active Member insolvency
- A
USTOA Active Member cessation of business
- Failure
of a USTOA Active member to refund consumer
deposits or payments within 120 days following its
cancellation of a tour(s) or vacation packages(s)
or its material failure to complete performance of
a tours(s) or vacation packages(s).
In
addition to financial protection, USTOA also offers
travelers invaluable assistance in the event of a
member insolvency:
Sunny
Land Tours, Inc., as an Active Member of the United States
Tour Operators Association ('USTOA"), is required to
post $1 Million with USTOA to be used to reimburse, in
accordance with the terms and conditions of the USTOA $1
Million Travelers Assistance Plan., the advance payments
of the Sunny Land Tours customers in the unlikely event of
Sunny Land Tours bankruptcy or insolvency.
Complete
details of the USTOA Consumer Protection Plan may be
obtained in writing to 275 Madison Avenue, Suite 2014, New
York, NY 10016, or by visiting their website at
USTOA.com
