The rash of layoffs in the U.S. workforce is prompting more and more leisure companies to offer comprehensive protection. This week, Norwegian Cruise Line unveiled a new safeguard to reimburse customers who lose their jobs. Now, CruiseOne and Cruises Inc. have initiated what they call the "first-ever comprehensive job loss travel insurance policy covering travel on all cruise lines." The new "CruiseAssurance" initiative is exclusive to consumers booking through one of more than 1,000 CruiseOne or Cruises Inc. agents nationwide, even if they have to cancel their trip at the last minute because of an unexpected layoff. The coverage, also,is at no extra cost to consumers.
"In today's environment, it is crucial for businesses to step up to the plate showing we understand consumer challenges, and a handful of companies have recently done this with their versions of job loss protection," said Dwain Wall, general manager of CruiseOne and Cruises Inc. "Our ‘CruiseAssurance’ policy takes the concept of job loss insurance to a new level, easing the concerns of consumers at no charge and on any cruise line of their choice."
Under the policy, travelers booked on a cruise can cancel their trip up to the day of departure, or even during the cruise. Travelers will have to purchase an entry-level travel insurance plan and present a termination letter. One year of employment is required. "CruiseAssurance" applies to bookings made between March 1 and May 2.