Last June we were on the lame and slow Crown for one of the 7 day Alaskan trips. A couple of weeks after returning home, and after a ton of negative publicity, Princess offered a limited time Future Cruise Credit equivalent to 50% of the cruise fare paid. Now that we have reservations for a cruise in June, my TA and a representative of an insurance company tell me that the FCC value must be considered in the cost of our policy. I have always thought insurance was to protect you from risk of loss of value. The only loss that I face in this situation is my share of the fare after FCC is applied by Princess. This FCC is not the result of a cancellation, but is "a gesture of concern for your experience and gratitude for your understanding" according to the Princess letter.
Has anyone else run into this situation and understands it better than me.
