Trip Cancellation/ Interruption Insurance: “To Buy Or Not To Buy–That Is The Question”

  I n general, the preferred recommendation is to evaluate whether your non-recoverable losses incurred due to a trip cancellation and/or interruption are “financially self-manageable.” Resist the usual sales pitch to buy insurance. Consider whether self-insuring is a more appropriate solution, subject to your personal risk tolerance threshold. Bear in mind that certain cruise operators may offer a voucher for future use for...