Travel insurance purchased through third-party providers outside of your cruise typically costs around 5-7% of your trip cost. Insurance coverage purchased directly through the cruise line varies.
Generally, the cost of a travel insurance policy is determined by three factors: the trip cost, the trip length, and the age of the travelers.
Policies without Trip Cancellation coverage may be the least expensive, while those with the Cancel For Any Reason upgrade — which allows travelers to cancel their trip for a reason not otherwise covered by a standard policy — can significantly increase the cost of a policy.
A more expensive premium does not necessarily indicate a better policy. Squaremouth recommends travelers who are considering purchasing travel insurance through their cruise line should compare what they are offered to those on third party sites to ensure they are receiving the coverage they need at the lowest premium.
This information can vary based on the travel insurance policy. If you have questions about a specific policy, please contact our licensed travel insurance experts. Squaremouth’s award-winning customer service team is available 24/7, 365 days a year, by chat and by phone at 800-240-0369.