I have never bought cruise insurance. I'll admit that up-front and
directly. Each time I had taken a cruise, the offer came from my
travel agent, and in turn I would decline. Granted, when I first
cruised the wider cruising world was not yet as religious about
advocating insurance. Personally, I lumped the products that were on
the market into the same category as extended warranties on
refrigerators and DVD players. I came very close to buying the
insurance on my last two cruises, both with Royal Caribbean of
course. Yet I still didn't push myself to spend the extra money to
guard against the unexpected.
Looking ahead towards future cruises, assuming my entire family were
going with me, I figured I would buy the insurance. But it was this
past week which is prompting me to "get religion" on the topic. As
some who read here already knew, my father was set to take a cruise on
Mariner of the Seas over the holidays. As you'll appreciate, I
reframed from talking much of it for the same reason you wouldn't want
to hang a banner in front of your house to announce you weren't
there. However as matters unfolded an appearently benign enough
health matter developed just prior to the date he and those going with
him were due to depart. Thankfully all appears to be well, but
suffice to say it is bad enough to have any cruise canceled on such an
account. To then also lose the money for said cruise would be that
much more crushing.
Any talk of travel insurance spurs thought of bad sales pitches and
people padding commissions. Yet having seen it happen to my dad, and
considering how such a disaster could stall cruising for a year or
more with my own family, it is something I am figuring into my
budgets. To which, I'll have to research a primer on the subject for
2009. My advice for now? Talk to somebody about it, it is worth
knowing about, and likley it is worth having.
You can always drop by our message boards and ask about it if you
like!
Today's Stock Price.
RCL (Common Stock)
Last Trade: $12.26
Change: -0.33
% Change: -2.62%
Volume: 1,044,084
Day's High: 12.59
Day's Low: 12.03
Previous Close: 12.59
Exchange: NYS
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