Article by Chris Elliott about Royal Carribbean trip insurance problem

[SempreMare]

Fascinating article, though I don’t understand it completely (  protection versus  Insurance ? )  or the denial logic from the perspective of the insurer   

 

https://www.elliott.org/blog/cruise-insurance-problem/

Edited September 18, 2019 by SempreMare

[GeezerCouple]

The important thing is to READ the policy, and also ask questions.

 

Something VERY important is mentioned.

ANYTIME any contract/agreement states that the other party *might* or *may* do something... question it.  When might they NOT?

Ditto "will pay up to" - WHO decides how much, and what is the decision rule.

 

I think a LOT of the problem is when travel agents/etc. sell the "coverage", they may be clueless - or maybe it's worse... they may know but they get higher commissions..??

And that is VERY unfortunate, because how is someone new to that issue supposed to know what to look for or ask?

 

Yes, ALWAYS READ ALL THE TERMS (even if lengthy); that's a given.

But knowing how to understand the exact meaning?  Not so easy.

 

GC