Insurance policy not used due to cancellation

[blueflower1968]

This may be a nonsense question:

 

I purchased a policy through Travel Insurance International for a cruise that I just cancelled in April for a future cruise credit.

 

What happens to the insurance that I paid for?  I assume that I lose it.  

 

TY

[luv2kroooz]

Correct. Perhaps use it for nonrefundable fees like airfare, bus fare, transfers to or from port.

[blueflower1968]

5 minutes ago, blcruising said:

Correct. Perhaps use it for nonrefundable fees like airfare, bus fare, transfers to or from port.

thank you.  

[NLH Arizona]

21 minutes ago, blueflower1968 said:

This may be a nonsense question:

 

I purchased a policy through Travel Insurance International for a cruise that I just cancelled in April for a future cruise credit.

 

What happens to the insurance that I paid for?  I assume that I lose it.  

 

TY

Different situation and different insurance company.  I had to cancel a trip.  Called and cancelled the insurance.  I did not get refunded the insurance, but they gave me a year to use the policy.  You might check with your insurance carrier and ask what their policy is if you cancel the insurance.

[blueflower1968]

1 hour ago, NLH Arizona said:

Different situation and different insurance company.  I had to cancel a trip.  Called and cancelled the insurance.  I did not get refunded the insurance, but they gave me a year to use the policy.  You might check with your insurance carrier and ask what their policy is if you cancel the insurance.

I didn't even think of that.  I had a call into them now.  Thank you.

[kuku77254]

Thank you for posting because I had assumed I had to just eat the cost of insurance. I called the insurance company and I have a hold on the policy and I can reuse when I have new travel dates.

[NLH Arizona]

32 minutes ago, kuku77254 said:

Thank you for posting because I had assumed I had to just eat the cost of insurance. I called the insurance company and I have a hold on the policy and I can reuse when I have new travel dates.

Glad it worked out for you.

[NLH Arizona]

36 minutes ago, blueflower1968 said:

I didn't even think of that.  I had a call into them now.  Thank you.

Hope it works for you.

[WYB!]

When my May 2020 voyage got cancelled, I contacted my TA to let them know. The cruise line (not NCL) refunded me the cost of the cruise on to my credit card. I then booked a different cruise and my TA applied the insurance I had taken out for the cancelled cruise on to the new cruise then refunded me the difference in insurance cost, (They sent me a physical check).