Princess Announces Cruise Cancellations thru June 30 - Retitled after merge

[Tedferg]

29 minutes ago, cherylandtk said:

If PASSENGER cancels, one gets the usual Penalty Amount in FCC and the rest in cash. Penalty Amount depends on how close to sailing one is at time of cancelation; varying between $100-full fare of cruise.

 

A passenger is offered 100% FCC (without a bonus) when that amount would otherwise be lost as Penalty.  There is no option of 100% cash OR FCC in this scenario. Similar to the CFAR Insurance coverage of the old days.  

Got it thanks, with 60 day Final Payment and 30 cancellation one could have paid full amount and still be subject to standard 50% penalty for 29-56 days pre sail cancellation. So 50% FCC and 50% cash. That also explains 'and/or' in Princess statement, I was also confused by that. Two points clarified, well done !