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InsureMyTrip recently featured in WPRI-TV report on travel insurance for cruisers. Pete Roca with InsureMyTrip.com says the difference is travel credit vs. cash.

“Often times with cruise lines they’ll give you compensation in terms of future travel credit, with travel insurance they’ll give you actual cash,” he said.

Not all travel insurance plans are equal, but on average travel insurance will cost you about 4-8% of you entire trip.

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