Trip insurance

[Ashlotte]

I am looking for feedback on travel insurance and using DVC points. From what I understand, the insurance by DVC only covers that Use Year, correct? So, for our upcoming trip, we banked a year, used our current year, and borrowed some. Would they only refund the ones that were originally in that use year? When you buy insurance now, does it start now, or start when the trip starts (the beginning of our new UY)? If you have multiple contracts with different use years, do you buy a new policy when booking with the other UY? Do they refund you the dues if the points can't be rebooked? Do they cover airfare is something happens? Or is there a different company that can be used to cover dues or points? Help!

 

[Narcoossee11]

In your case, if you wanted to cover ALL points, you will need to purchase 3 policies.
policy will cover all points in that year even if you used pts on differsnt res.
You have to weigh which years you want to insure depending on the amount from each year.

Year one (banked) only a few points.. Maybe not worth it
Year two(present) and year three (banked)... Good value.

Points are only the dues value that you get back.
Trip interrupt... Medical, flights, other hotels. Lost items

 

[Sandisw]

To cover a trip that uses three years of points, you will need to buy for all those UYs..however, once’s bought, it covers any future trips using those points.

And, yes, if you have a different UY, which is a different membership, you’d need a different policy to cover a trip booked on that UY.

They reimburse you for your dues and other expenses…we have never used that I don’t have specific experience.

 

[Ashlotte]

Thanks for your answers.

 

[Maistre Gracey]

Read the T&C carefully. Usually not close to worth it.

 

[Shelly F - Ohio]

Here is the fine print on the Travelex web page. On page 16 of the fine print section.


Any Maintenance Charges (1) accumulated or deposited from previous years prior to purchase of the Plan; or (2) borrowed from future use-years or use rights; are not covered, unless the Insured is enrolled in a Policy for each specific use-year or use rights term desired and premium has been received by the Company