I am booked on a Princess Cruise and am departing home on May 8, 2017. I booked on March 15, 2017 and paid in full. May I still buy insurance even though my trip is paid in full and I am past the Final Payment?
Yes, you may get any of our Trip Cancellation & Trip Interruption Travel Insurance plans before or after you pay in full. The latest date you may buy a policy is the day before you leave. No matter which day you buy it, the Trip Cancellation benefit starts at 12:01 am on the day after you buy it. All the other coverages start after you depart on your trip.
If you are waiting until the days or weeks before your trip to get your policy, then the fact that the Trip Cancellation benefit starts at 12:01 am on the day after you buy it might be important to you.
Here’s why: The official Final Payment Date and / or the date the penalties begin don’t prevent you from being able to get one of our plans.
If you do want the Trip Cancellation and Interruption coverage then you should buy it as soon as you can because you are already in penalty. You are not obligated to insure your full prepaid and non-refundable trip costs so you might want to consider rounding your trip cost down to the top of the next lowest range to save some money.
For example, yesterday, I suggested someone round their trip cost down from $4,115 to $4,000 per person. This saved them $92. Had they not rounded it down, they would have been paying $92 to insure $230 – not a good tradeoff.
On the other hand, if you do not want the Trip Cancellation and Interruption coverage then you may buy it any time until the day befor you leave. You are not obligated to insure your full prepaid and non-refundable trip costs. You are still covered for all the other benefits.