DaisyRose Posted August 17, 2023 #1 Share Posted August 17, 2023 Hello, Does anyone know why Princess Vacation Protection is not available to NY residents? When doing an online booking, it says not available to NY residents. Celebrity also says not available to NY residents during the booking process. I don't usually buy Princess insurance because of low medical and evacuation coverage, but for short nearby cruises I sometimes do. I wonder why this is not available for NY residents? Any thoughts? Link to comment Share on other sites More sharing options...
Babr Posted August 17, 2023 #2 Share Posted August 17, 2023 New York insurance regulations do not allow Cancel for Any Reason. It is not considered insurance because it does not protect against unforeseen risks, merely the choice of the policyholder. 2 Link to comment Share on other sites More sharing options...
Jersey42 Posted August 17, 2023 #3 Share Posted August 17, 2023 (edited) 31 minutes ago, DaisyRose said: Hello, Does anyone know why Princess Vacation Protection is not available to NY residents? When doing an online booking, it says not available to NY residents. Celebrity also says not available to NY residents during the booking process. I don't usually buy Princess insurance because of low medical and evacuation coverage, but for short nearby cruises I sometimes do. I wonder why this is not available for NY residents? Any thoughts? It includes a Cancel For Any Reason benefit which is not permitted in New York. Under New York law, CFAR benefits in the travel context do not technically qualify as insurance because the cancellation of a trip “for any reason” does not depend on the occurrence of fortuitous event. If you read the plan document for New York it says: Notice to New York residents: The Princess Cancel For Any Reason Travel Credit Feature may be purchased separately from the Princess Travel Insurance Program. Contact 1-888-722-2195 for details. This is the way they can legally sell the plan in NY. I have seen posts in the past when someone has tried to do this. I can't remember any post where someone was successful. I would never recommend considering either of the Princess plans to anyone unless they already had good foreign emergency medical coverage. As you also said, the evacuation coverage is low. But the Platinum coverage of $75K is probably adequate for most trips. It depends on location. Also remember in the rare case of an evacuation from ship to shore, you probably will not pay anything. The insurance covers your evacuation from where you are injured on land, or where the ship-to-shore transportation brings you, to a hospital that can adequately treat you if necessary. It then covers your trip back home. Sorry about some duplication of @Babr's post. We were responding at the same time. Edited August 17, 2023 by Jersey42 2 Link to comment Share on other sites More sharing options...
DaisyRose Posted August 17, 2023 Author #4 Share Posted August 17, 2023 Thank you both for the responses. It seems kind of strange, it appears that NY is the only state that does not allow the Cancel For Any Reason. This also explains why when I go to an independent insurance web site to purchase travel insurance cancel for any reason is never available. 1 Link to comment Share on other sites More sharing options...
Babr Posted August 17, 2023 #5 Share Posted August 17, 2023 (edited) @Jersey42 Not a problem. Your responses always contain a complete explanation with valuable details that everyone appreciates, including me. Edited August 17, 2023 by Babr 1 1 Link to comment Share on other sites More sharing options...
robbinsca Posted August 17, 2023 #6 Share Posted August 17, 2023 I used to wrk for a life insurance company, and my wife for an auto insurance company. Both of them incorporated completely separate companies for NY due to the regulators in that state. NY required that all policies in all states issued by a company followed NY rules, which were rather cumbersome. Not surprised Princess (or its vendor) has to deal with the same situation. 1 Link to comment Share on other sites More sharing options...
lx200gps Posted August 17, 2023 #7 Share Posted August 17, 2023 1 hour ago, DaisyRose said: Thank you both for the responses. It seems kind of strange, it appears that NY is the only state that does not allow the Cancel For Any Reason. This also explains why when I go to an independent insurance web site to purchase travel insurance cancel for any reason is never available. FWIW, you are not alone in North America. We used to buy the Princess coverage solely for the excellent 100% CFAR coverage, but a few years ago it became unavailable to us here in the province of Quebec, which has long had some bizarre insurance rules and restrictions. The Princess coverage is still available to anyone else in Canada, just not this province. 1 Link to comment Share on other sites More sharing options...
DJ Cruisers Posted August 17, 2023 #8 Share Posted August 17, 2023 We used to be able to buy the cancel for any reason insurance with Princess but that changed when Covid hit under Cuomo. Could no longer buy it in NY. Funny how every other state is OK with it but NY changed the rules. Link to comment Share on other sites More sharing options...
Samkitty1 Posted August 17, 2023 #9 Share Posted August 17, 2023 I retired from the insurance business. Regulations change constantly and vary from state to state. For cruises close to home I like the convenience of the Princess Vacation Protection with insurance benefits written through Nationwide. The CAF and improved medivac coverage to 75K meets my needs. The description on the website does specify that the CAF is a non insurance feature Cancel for any Reason1 Cancellation Fee Waiver1 (Non-insurance features provided by Princess Cruises) we offer Princess Vacation Protection (PVP), which provides a cancellation fee waiver1plus travel insurance benefits2 and 24-hour worldwide CareFree™ Travel Assistance3. H When I cruise overseas far from home, I prefer coverage with first party medical and medivac and higher medical limits, so I shop for the best deal I can get through an interenet agency I always download a copy of the certificate of insurance and review the coverages and effective dates prior to sailing, and save a pdf copy to my phone, just in case I need it. Insurance is the only product that people buy that they hope they don't need to use! Link to comment Share on other sites More sharing options...
Recommended Posts
Please sign in to comment
You will be able to leave a comment after signing in
Sign In Now