RCI vacation insurance

[ira g]

Does anyone have opinions on RCI's vacation insurance program? We had to cancel a week and lost the full exchange fee and got back a week that has virtually no trade value. Their insurance plan keeps your trade value and returns as a credit $100 of the exchange fee. Any opinions?

 

[mbh]

I buy it

I buy it because I figure that if I do, nothing will happen and I won't have to use the insurance. I feel that if I don't buy it, that will be the one time I will have to use it. This may be silly, but I have piece of mind when I make an exchange.

 

[MelBay]

I concur with mbh 100%. I buy it most of the time, particularly when we're going someplease "big" (out of the country, etc.)

 

[cjareed]

I never buy the insurance. I always figure I would just give my week away (to friends or family), if something prevents me from going on the trip. However, I agree, if I was going out of the country -- I would buy the insurance. Not sure any of my friends or family could go last minute if I could not go.

 

[NJmom]

Don't buy RCI Insurance

I purchased the insurance on for a trade using a week that could see anything anyone ever mentioned. It was one of the best trading weeks I ever had. When I canceled the trade the week returned to me who's trade value I paid to insure, had the same trade value as my worst white week.

I called RCI and they gave me the song and dance about maybe what was available then was no longer available, supply and demand ect. I tried to explain that this week traded much better than my other weeks in the bank and now it didn't.

The RCI rep repeated herself acting like I was stupid she said trade power was based on supply and demand , how far in advance the week was deposited ect.

I tried to explain that I knew that and this was a great trading week and now it was a dog, but it fell on deaf ears.

This went on for about 40 minuted with me giving great specific examples and speaking to a supervisor, all for nothing.

The moral of this story for me is never purchase insurance from RCI. They can claim that your week has the same trade power and that changes are due to market conditions and you will have no way to prove otherwise.

 

[ira g]

I purchased the insurance on for a trade using a week that could see anything anyone ever mentioned. It was one of the best trading weeks I ever had. When I canceled the trade the week returned to me who's trade value I paid to insure, had the same trade value as my worst white week.

I called RCI and they gave me the song and dance about maybe what was available then was no longer available, supply and demand ect. I tried to explain that this week traded much better than my other weeks in the bank and now it didn't.

The RCI rep repeated herself acting like I was stupid she said trade power was based on supply and demand , how far in advance the week was deposited ect.

I tried to explain that I knew that and this was a great trading week and now it was a dog, but it fell on deaf ears.

This went on for about 40 minuted with me giving great specific examples and speaking to a supervisor, all for nothing.

The moral of this story for me is never purchase insurance from RCI. They can claim that your week has the same trade power and that changes are due to market conditions and you will have no way to prove otherwise.

Susan- That was exactly my concern. I have used great traders and if we have to cancel I do not want to get dog traders back. I guess I will just take my chances and hope we will not have to cancel any additional weeks. Thanks for your reply.