It is an insurance product that allows the client, depending on the coverage selected, to receive up to $3,000 in cash after a measurable event, in this case hurricane winds.
“We could not be prouder of these results and what they mean for the lives and livelihoods of so many throughout the Caribbean and Latin America.
In addition to showing what cruise tourism brings to these destinations’ economies, many of the study’s findings will also serve as the foundation of building further mutual success between cruise lines and destination stakeholders.”
— Michele Paige, CEO of the Florida-Caribbean Cruise Association