I got an email about the new insurance. 79 dollars a yr. I was thinking one yr from the day of the first trip. Like AP are good for 1 yr. So I’m thinking sounds like a good deal, but looking at the details, I think you have to pay 79 for each USE YEAR you travel in. We have a dec use year. We have a trip planned Nov 29 - dec 8 2011. Then we are thinking a trip in oct 2012 and a trip about Nov 26 to dec 2. (we planned to activate our AP on dec 1 2011, so it will be good until dec1 2012) The way it reads, I would have to pay 79 dollars each for the first two trips because they fall in two different use years. The third trip would end beyond the 365 days mark, so that really doesn’t count. And if I used banked points for the trip, that wouldn’t count either.
Am I understanding this right?
Timeshare Cancellation/Interruption benefit is only
afforded for Timeshare Trips that occur in the calendar
year to which Your Maintenance Charges or dues value
of Points are applied, once payment is received by the
Plan Administrator, and subject to the terms and
conditions outlined in this Description of Coverage.
During the first policy year, any Maintenance Charges
or dues value of Points accumulated or deposited from
previous years prior to purchase of the Plan are not