NCL Insurance question

[CruisinNewbie11]

I am booked for 3/22/20 cruise and have the NCL standard insurance.  I have a question:  if I cancel the cruise, I will get 75% of my cruise returned.  What if NCL cancels the cruise?  Will I get 100% returned to me?  Trying to figure out whether if it is more beneficial to wait it out.  TIA

[BirdTravels]

The insurance that NCL sells is NOT cancel for any reason (CFAR). The insurance will only pay if the cancellation is for a covered reason. 
 

If you cancel because you are afraid of COVID-19, the NCL insurance will pay $0. 
 

HOWEVER, if the insurance company pays $0, you can submit that to NCL and they will give you a 75% future cruise credit on your cruise fare (only).  
 

Unless NCL has absolutely nowhere to operate its ships, the cruise will likely not cancel. If they cancel, you will get 100% refund. 
 

Wait it out. 

Edited March 6, 2020 by BirdTravels

[CruisinNewbie11]

Thank you so much.  That is what I figured, but wanted to double check.  Let the wait begin!

 

[EBRB]

23 minutes ago, BirdTravels said:

The insurance that NCL sells is NOT cancel for any reason (CFAR). The insurance will only pay if the cancellation is for a covered reason. 
 

If you cancel because you are afraid of COVID-19, the NCL insurance will pay $0. 
 

HOWEVER, if the insurance company pays $0, you can submit that to NCL and they will give you a 75% future cruise credit on your cruise fare (only).  
 

Unless NCL has absolutely nowhere to operate its ships, the cruise will likely not cancel. If they cancel, you will get 100% refund. 
 

Wait it out. 

Thanks so much for this information! What’s the process to submit to NCL for future cruise credit once insurance pays zero?