Whats the difference between insurance and a waiver in the cruise lines policy?
Insurance offers cash reimbursement for cancellation due specifically to medical reasons. A waiver usually means that you can cancel for any reason whatsoever, but that a large portion of your payment will be held as a credit toward future travel. Insurance covers you from the moment you leave home until the moment you return. A waiver usually stops protecting you a day or so prior to the start of the trip. Many cruise lines offer a combination of both a waiver and insurance, which provides maximum flexibility for you by offering recourse for a wide variety of both medical and non-medical situations.
