If a yacht owner completes the full term of the loyalty program, they transfer ownership of the yacht to SafeGuard in return for 100% of the original purchase price, and the program ends. Alternatively, if a customer purchases a new yacht from the same dealership or broker and uses the Loyalty Credits instead, the dealer will take care of everything as part of the new sale. Any redemption will signify the end of the loyalty program.
All SafeGuard Loyalty Programs are secured through an insured structured finance model that provides a pre-determined value after a pre-determined length of time, without the risk of market fluctuation. All applicable funds are held in trust and protected by A-grade specialist insurance to guarantee all qualifying payouts.
This structure ensures that the value of your Loyalty Program is secured separately so that in the unlikely event that anything happens to your yacht dealer, or even SafeGuard, that your accrued Loyalty Credits will still be redeemable through the trust up to the maximum agreed amount.