Buy insurance before or after final payment?

[razorkd]

I did not purchase insurance when I made my initial deposit but am now considering buying a policy. Since I can cancel and get my entire deposit back until my final payment date is there any advantage to purchasing a policy before then? I don't think there is but I may be missing something?

[Kamloops50]

I did not purchase insurance when I made my initial deposit but am now considering buying a policy. Since I can cancel and get my entire deposit back until my final payment date is there any advantage to purchasing a policy before then? I don't think there is but I may be missing something?

 

Pre existing conditions .

[razorkd]

If something happens before final payment I can cancel so I don't really understand the preexisting condition reason. I guess the only thing I could see is if something occurs but isn't bad enough to cancel but gets worse after final payment?

[Babr]

If it is more than 21 days since your initial deposit, you are beyond the time window for adding most riders like pre-existing conditions and cancel for any reason. If that becomes a concern there is at least one policy (CSA) that will cover pre-existing conditions at final payment. You have to insure all expenses and purchase within a few days of final payment. I don't know of any that will cover cancel for any reason except cruise line policies which give cruise credit - not cash.

 

Otherwise, I don't see any advantage to buy insurance befor final payment.

[klfrodo]

If something happens before final payment I can cancel so I don't really understand the preexisting condition reason. I guess the only thing I could see is if something occurs but isn't bad enough to cancel but gets worse after final payment?

 

Pre existing condition

You're taking meds for high blood pressure.

You stroke out on the ship

You get flown off the ship to a hospital in Nassua

They save your life

You now owe $100K in medical bills and have no insurance because you had a pre existing condition

Edited June 30, 2015 by klfrodo

[BullDawg91]

In other words, insurance is not just to cover the cost of the cruise, it is to cover expenses if you have a travel problem or a medical issue while you are cruising.

 

If you break a leg and can't travel between final payment and the cruise leaving, you would recoup via insurance.

 

If you break a leg on an excursion, have medical treatment and have to fly home mid cruise, you would recoup your expenses and missed cruise via insurance.