Wednesday, February 25, 2009

Job Loss Insurance

NCL Intros Job Loss Insurance Policy
Wed Feb 25 2009, by Travel Trade Staff

Taking a cue from Hyundai, Norwegian Cruise Line (NCL) is offering job loss protection when it announced its new BookSafe Travel Protection Plan. The plan is designed to provide a full cash reimbursement to guests should they need to cancel because of job loss prior to their cruise.
"In this changing economic environment, we are offering a safety net for guests who want to book a cruise, but are uncertain about what the future holds in terms of their employment," said Andy Stuart, NCL's executive vice president of global sales and passenger services. "Our BookSafe plan enables guests to book with confidence knowing that they will receive a full refund if they need to cancel their cruise because of job loss."

Effective Feb. 26, guests who purchase NCL's BookSafe Travel Protection Plan for any NCL cruise departing on or after May 1 are eligible for reimbursement of any cancellation fees if an insured guest loses their job as long as the person has been an active employee at the same company for at least one year.

The enhanced travel protection plan is available starting at $29 per person, depending on the cruise fare paid.

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