Travel insurance carriers release position statements when current events affect coverage. Recently, the Carnival Splendor experienced mechanical failure while at sea. The ship was towed to Mexico with little power, plumbing and resources. Travelers were refunded the cost of the cruise, reimbursed for travel expenses back home and given a voucher for a future cruise. Because the travelers were financially made whole by Carnival, a travel insurance policy might have gone unused. Travel Insured International is allowing travelers to use the same policy for another future trip. The following is a statement from Travel Insured International explaining the offer.
Travel Insured International advises our travel agent partners that your client policy holders whose cruises have been canceled due to the Nov. 7, 2010 engine fire on the Carnival Splendor are being allowed to transfer their plan to a future replacement cruise. Travel Insured must be advised within 30 days of the notice by Carnival of the insured client’s cruise cancellation, and the originally-scheduled cruise departure date must not have passed. A copy of the new cruise itinerary needs to be provided before the plan can be transferred to the replacement cruise.