It is a usual process that travellers booking cruise holiday packages will wait for the prices to drop. But, this is often considered as a wrong strategy. For, the waiting for the price to drop often costs you money when the ship sells out or the price increases. So, it is always better to book your cruise holiday packages and wait for the prices to drop. You will gain if the price drops, and the additional cost you are paying will be adjusted for other on board services. In the incidence of price hype, you will also gain by not paying the additional amount.
Royal Caribbean introduced price protection under the name of “Lowest Price Guarantee" program. Accordingly, if the price dropped on their cruise before the ship sailed, the cruise fare will not be lowered nor partial refund will be given. The additional amounts will be adjusted as onboard credit. In the state of things, the travel agents were to lose, as "Commissions will not be price protected." To claim refund the cruise travellers must notify the cruise line company at least 72 hours prior to the ship sailing.
Before Royal Caribbean made its stance clear, the travel agents supported onboard credits. Both, the traveller booking cruises and travel agents got the benefit. The customer could book a cruise and save money, and the commission received by the travel agent stayed the same. But Royal Caribbean's price protection will for sure effect the travel agents' with lower margins to take.
Showing posts with label Cruise holiday packages. Show all posts
Showing posts with label Cruise holiday packages. Show all posts
Wednesday, October 21, 2009
Cruise Holiday Packages - Saving on travel insurance.
Travel insurance definitely goes with any Cruise Holiday package. It must cover contingencies like lost baggage, trip interruption, medical evacuation and more. Travel insurance also protects the insured in the event of airline or cruise company going bankrupt.
Travel insurance may be mandatory or based on the travel circumstances. Cruise lines require you to have adequate travel insurance. You may be asked to furnish your travel insurance coverage. It is usual for many people to purchase travel insurance or trip protection insurance if they have a particularly expensive or a once in a lifetime trip, such as a honeymoon. When going far away from home, people also tend to take out more travel insurance.
The cost of travel insurance is based on the amount of coverage you need, the length of your trip and even whether you plan to participate in what the travel industry describes as hazardous sports, such as diving, skiing and skydiving for example. Quite recently, travel insurance has witnessed some changes. Those who travel frequently throughout the year can generally take out a policy that will cover multiple trips. However, I can suggest that, if you are travelling as part of a group or as a family, group coverage will be less expensive.
Most comprehensive travel insurance packages that cover everything that a traveller might realistically need tend to cost between 4% and 8% of the overall cost of the trip itself. It will cost you more, if you need insurance to cover extras such as emergency medical evacuation, hazardous sports coverage, or emergency reunion services (which covers the costs of flying family members to you if you are hospitalized).
Travel insurance may be mandatory or based on the travel circumstances. Cruise lines require you to have adequate travel insurance. You may be asked to furnish your travel insurance coverage. It is usual for many people to purchase travel insurance or trip protection insurance if they have a particularly expensive or a once in a lifetime trip, such as a honeymoon. When going far away from home, people also tend to take out more travel insurance.
The cost of travel insurance is based on the amount of coverage you need, the length of your trip and even whether you plan to participate in what the travel industry describes as hazardous sports, such as diving, skiing and skydiving for example. Quite recently, travel insurance has witnessed some changes. Those who travel frequently throughout the year can generally take out a policy that will cover multiple trips. However, I can suggest that, if you are travelling as part of a group or as a family, group coverage will be less expensive.
Most comprehensive travel insurance packages that cover everything that a traveller might realistically need tend to cost between 4% and 8% of the overall cost of the trip itself. It will cost you more, if you need insurance to cover extras such as emergency medical evacuation, hazardous sports coverage, or emergency reunion services (which covers the costs of flying family members to you if you are hospitalized).
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