In compliance with Singapore Tourism Board's new licensing condition starting 15 July’15, and for the purpose of educating and reminding consumers of the measures they can take to safeguard their interests when making travel bookings, Lokopoko is required to inform you, the Client, to consider purchasing travel insurance:
(a) against any failure or disruption in our provision of the travel product arising out of any
insolvency on our part; and
(b) in favour of all travellers for whom the payment or deposit is to be made.
The licensing condition will apply to all travel agents arranging outbound leisure travel (travel products for use in a personal capacity and where travel originates from Singapore), where on a per person basis,
1. S$500 and above is collected as deposit or payment before departure, OR
2. the total value of travel product(s) is $1,000 and above (including GST).