When you are going on a cruise, you should seriously take in to consideration having or getting a travel insurance. You pay in advance when you book for a cruise. As the date of the cruise approaches, cancellation penalties becomes higher. Commonly, when you avail of cruise rates that are discounted or in promotional rate, the payment is made in advance and is non-refundable basis. Package tour is another reason to get a travel insurance. Just the same, you give payments in advance in a package tour, so in cases of cancellation due to whatever reason, your travel insurance will be your protection.