Go Back   Cruise Critic Message Board Forums > Cruise Discussion Topics > Cruise/Travel Insurance
 
Register here!
Forgot Your Password?


Notices

Reply
 
Thread Tools Display Modes
  #1  
Old April 25th, 2012, 03:41 PM
39august 39august is offline
5,000+ Club
 
Join Date: Jan 2002
Location: Oklahoma City
Posts: 8,425
Default Changing total coverage after purchase?

Today my TA arranged for CSA to reimburse the difference in premium pp coverage purhased 9 days ago and the total pp coverage premium which resulted from a drop in cruise fare. I did not know that this was possible! The original coverage was up to $2500 pp. Now it is up to $2000 pp. Has anyone else been able to change coverage after insurance purchase?
Reply With Quote

Ad Sponsored By
  #2  
Old April 25th, 2012, 04:11 PM
cruiseco cruiseco is offline
Blue Ribbon Cruiser
 
Join Date: Jan 2000
Posts: 3,523
Default

Quote:
Originally Posted by 39august View Post
Today my TA arranged for CSA to reimburse the difference in premium pp coverage purhased 9 days ago and the total pp coverage premium which resulted from a drop in cruise fare. I did not know that this was possible! The original coverage was up to $2500 pp. Now it is up to $2000 pp. Has anyone else been able to change coverage after insurance purchase?
It's available to clients of every third-party insurer I'm aware of but many forget to make the change. Some insurers are a little looser about this and don't require any supporting documentation. But don't be surprised if the insurer asks for copies of your old confirmation/invoice and your new one showing the drop in the fare along with a note authorizing the reduction in coverage so there's no question later on just how much cancellation coverage you wanted.
Reply With Quote

  #3  
Old April 25th, 2012, 04:19 PM
39august 39august is offline
5,000+ Club
 
Join Date: Jan 2002
Location: Oklahoma City
Posts: 8,425
Default

Is there a time frame for decreasing coverage? So, can you increase coverage as well? This info is really good to know.
Reply With Quote

  #4  
Old April 25th, 2012, 05:32 PM
cruiseco cruiseco is offline
Blue Ribbon Cruiser
 
Join Date: Jan 2000
Posts: 3,523
Default

Quote:
Originally Posted by 39august View Post
Is there a time frame for decreasing coverage? So, can you increase coverage as well? This info is really good to know.
Yes, you can increase your coverage at any time -- insurers love to take in more money especially when their odds of having to pay a claim go down the closer you get to the departure date.

As long as you can properly document a fare decrease I don't believe most of the insurers have a problem with doing it right up to the last minute. There might be exceptions so check with your insurer before you buy your policy if you think you might be getting some late fare decreases.

I once had some clients using CSA and just a few days before departure they got an offer from Princess to move to the following week and they got a 50% reduction in the fare as an incentive. CSA had no problem moving the coverage to the new sailing and refunding to them the difference in the fare.
Reply With Quote

  #5  
Old April 25th, 2012, 07:52 PM
39august 39august is offline
5,000+ Club
 
Join Date: Jan 2002
Location: Oklahoma City
Posts: 8,425
Default

Wow! I do learn something new every day.
Reply With Quote

Reply

Bookmarks


Ad Sponsored By
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -4. The time now is 07:44 PM.


© 1995 - 2014, The Independent Traveler, Inc. All rights reserved.
"A Community of People Who Love To Cruise"
All of the information contained within Cruise Critic is protected by copyright. You may, however, download a single copy only for your personal use.