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Homeric Tours is a proud member of USTOA, the United
States Tour Operators Association. 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:
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A USTOA Active Member bankruptcy
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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 member insolvency:
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USTOA will ask all its member companies to
provide assistance to affected travelers in
whatever way they can, on a voluntary basis.
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USTOA will inform consumers on their rights of
recovery and provide a consumer information
center through its website (www.ustoa.com),
keeping travelers apprised of latest
developments.
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USTOA will serve as a clearinghouse of
information, apprising travelers and the press
of options available.
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