Home > Travel Insurance Reviews > Silversea Cruise Travel Insurance - 2021 Review

Silversea Cruise Travel Insurance - 2021 Review

Silversea Cruise Travel Insurance - Review

Silversea Cruise Travel Insurance - Review
Insurance Partner
Coverage Options


  • Strong Insurance Partner
  • Good Baggage Protection
  • Includes Medical Waiver


  • Very Expensive
  • Minimal Medical Cover
  • Poor Evacuation Cover

For those who embark on a Silversea cruise there will inevitably be the offer of Silversea Cruise Travel Insurance. Please do not accept the Silversea cover that is offered without carefully reviewing alternatives. We found Silversea Cruise Insurance to be very expensive, and yet offer incredibly poor levels of cover.

We were particularly disappointed with the level of Travel Medical Insurance and Emergency Evacuation Cover. Silversea Medical Insurance of only $10k is woeful, and their Emergency Evacuation cover of $50k is not much better.

Silversea-Travel-Insurance | AARDY.com

At AARDY we recommend no less than $100k of Travel Medical Insurance, and at least $250k of Emergency Evacuation Protection. For those travelers who are heading into more remote areas of the world, or who are traveling offshore (as is the case with most cruise customers), then $500k of Emergency Medical Evacuation protection is our recommendation.

Given that there is such a mismatch between Silversea Cruise Insurance cover and our recommended levels, an insurance comparison makes sense. You will probably find, as we did, that when you compare the cost of Silversea Insurance it will be more expensive than alternative cruise travel insurances that also have much better protection levels.

Our Silversea Cruise

Silversea Cruises is one of the world’s leading ultra-luxury cruise lines. Based out of Monaco, for 30 years Silversea has helped define luxury cruising. The acquisition of Silversea by Royal Caribbean in 2018 only helped bolster the financial resources of Silversea, as it expands its all-suite vessel fleet.

We reviewed a wonderful trip – the Silversea Caribbean & Central America Cruise on the Silver Spirit.

Silversea-Cruise-Travel-Insurance-Silver-Sea-Itinerary | AARDY.com

Our total price was $9,000 for a Classic Veranda Suite, and a further $900 for our Silversea Cruise Travel Insurance. At 10% of the price of the cruise itself, this is a very expensive trip insurance policy. When comparing travel insurance, we would normally expect to see a cost in the range of 4%-8% of total trip price, with the higher costs for the most comprehensive of policies.

Silversea-Cruise-Travel-Insurance-9000-and-900-Insurance | AARDY.com

Silversea Cruise Travel Insurance Cover Levels

When we review Silversea Cruise Travel Insurance we note that its trip insurance cover is underwritten by Arch Insurance Company. We are a huge fan of Arch Insurance. They are one of the leading Travel Insurance Carriers in the USA, and have a history of offering excellent service to customers. Moreover, Silversea Worldwide Travellers’ Assistance is provided by AXA Assistance USA. AXA Assistance is a global leader in the provision of emergency assistance.

In other words, Silversea is working with first-class companies. Unfortunately, the critical cover that is provided is insufficient.

Silversea GuestCare Travel Insurance Schedule of Cover and Services

Benefits underwritten by Arch Insurance Company Maximum Limit (Per Person) - Prices shown are in U.S. dollars.

_Travel Arrangement Protection    _

Trip Cancellation – Total Cruise Vacation Cost*

Trip Interruption – Total Cruise Vacation Cost*

Trip Delay – $1,000

_Medical Protection  _

Emergency Medical Evacuation – $50k

Accident Medical Expense – $10k

Sickness Medical Expense – $10k

Baggage Protection

Baggage/Personal Effects – $3,000

Baggage Delay – $1,000

Pre-Existing Medical Condition Exclusion Waiver

Waiver is provided assuming that travel insurance is fully paid for no later than final trip payment date.

Trip Cancellation and Interruption benefits are capped at $70k per guest, $140k per single suite occupancy on the World Cruise, and $50k / $100k on all other cruises.

AARDY – Travel Insurance Marketplace

Our job at AARDY is relatively simple. We compare travel insurance from the leading carriers in the USA, and then make policy recommendations.

The travel insurance prices you see with us are the same as if you went to each any every insurance carrier direct. You cannot buy the same travel insurance at a lower price – we guarantee this.

When we run the Silversea Cruise through our system, we get immediate results showing just how expensive the Silversea Insurance really is.

Silversea-Cruise-Travel-Insurance-Aardvark-Cheapest-Options | AARDY.com

Remember, the Silversea Cruise Insurance was priced at $900 for our couple. The least expensive option from AARDY, with comparable medical, evacuation, and waiver benefits, is the RoamRight Essential Plan, at only $342.

In other words, Silversea Cruise Travel Insurance cover is approximately 250% more expensive than a plan with similar critical cover.

However, we recommend cover levels much higher than Silversea Insurance offers. Recall our minimum levels of cover.

  • Travel Medical Insurance - $100k
  • Medical Evacuation - $250k
  • Pre-Existing Medical Exclusion Waiver – Included

Given these minimum recommended levels of cover, we need to look at more expensive policies. Below you can see four plans that, again, offer much better value than Silversea.

Silversea-Cruise-Travel-Insurance-Aardvark-Comprehensive-Options | AARDY.com

The iTravelInsured Travel SE stands out from this list. At $446, it is half the price of Silversea Cruise Insurance. Yet, it has a benefit level that is superior to the Silversea plan in almost every regard.

iTravelInsured Travel SE – Insurance Benefits

Maximum Limits Per Person

Trip Cancellation Up to $50,000 of Trip Cost*

Trip Interruption 150% of Trip Cost**

Travel Delay $500 ($125 per day after initial delay of 12 hours))

Missed Connection $500 (after an initial common carrier delay of 6 hours)

Change Fee $150

Reimbursement of Miles or Reward Points $75

Baggage & Personal Effects $1,500

Baggage Delay $250 (after initial delay of 12 hours)

Accident & Sickness Medical Expense $150,000

Emergency Medical Evacuation $500,000

Common Carrier AD&D $25,000

Pre-existing Condition Waiver Available – if purchased within 20 days of initial trip deposit

Where the Silversea plan is superior is in terms of baggage protection benefits.

Travel Medical Insurance

We spend a good deal of our time making recommendations on trip insurance based on the destination of our travelers. Most of our customers are heading overseas. For those who stay within the USA, travel medical insurance is of less concern. Almost all will have their own comprehensive medical insurance that supports them wherever they travel in the USA.

However, international travel is different. The vast majority of the medical insurance plans that we come across do not offer support for travelers when they leave the USA. Medicare is a perfect example – there is no cover at all for overseas trips. Those who have certain Medigap cover may find that they have limited overseas cover. But, at the time of writing, that Medigap International Insurance is only $50k in lifetime cover, with a 20% co-pay and $250 deductible. This is simply not enough for us to be comfortable with.

International private hospitals can charge $3k-$4k per day. $100k of Medical Insurance cover is the absolute minimum that we are comfortable recommending, either for our customers or our own families. The $10k of medical insurance cover that Silversea Cruise Insurance provides is simply nowhere near the levels of protection that give comfort.

Medical Evacuation Cover

Oftentimes it is necessary to medically evacuate a patient to an advanced medical facility. Whilst this can often be carried out without spending tens of thousands of dollars, there are times where helicopter and private jets are required, with on-board teams of medical personnel. The costs associated with such medical evacuations can be breathtaking. We recommend no less than $250k of Medical Evacuation cover for those who are traveling internationally. If traveling offshore or in a more remote part of the world, we increase our recommended level of medical evacuation cover to $500k.

Silversea cover offers $50k in evacuation benefit. This is not a terrible level of protection, but we cannot recommend it.

Pre-Existing Medical Condition Exclusion Waiver

Travel insurers are fairly generous in their view of what constitutes a pre-existing medical condition, and only exclude very recent medical issues.

Even those recent medical conditions that would ordinarily be excluded from cover in a typical travel insurance policy can be brought back into cover with the issue of an Exclusion Waiver. A Medical Waiver is normally obtained simply by purchasing travel insurance promptly after an initial trip deposit or payment – generally within 20 days.

Some policies, such as the Silversea Cruise Travel Insurance, will provide the medical waiver provided that the travel insurance is bought prior to the last trip payment.

Some terminology to be familiar with.

Look-Back Period

The Look-Back Period in a travel insurance policy refers to the number of days prior to purchase of the policy. In many cases, this is only 60 days. The travel insurer cares whether there have been any new or changed medical conditions or prescriptions within the last 60 days. If there have been, these conditions are normally excluded from cover (remember we can get them covered with a medical waiver, so do not worry).

Older, stable medical conditions, that most of us live with on a daily basis, are covered anyway.

So, the most flexible, beneficial, trip insurance policies have short look-back periods. 60 days is the best we see on a regular basis.

Time-Sensitive Period

This is a period of days, normally around 20, after any trip deposit or payment is made. During this period of time, if a travel insurance policy is purchased, and there is a medical waiver incorporated in the policy, then the Medical Waiver will be automatically activated. There are numerous benefits when a customer chooses to buy travel insurance early. The grant of a medical waiver is one of them.

Silversea Cruise Insurance incorporates an unusual time-sensitive provision. Silversea requires that its insurance be purchased prior to the final cruise payment. In many respects this is a more generous provision for a customer. We see this on policies such as the iTravelInsured Travel LX, which we will discuss a little later.

Cancel for Any Reason

Most customers book their cruises a long time in advance. Whilst every travel insurance will have provision for cover in the event of sickness or injury, a few offer the option for a customer to cancel their cruise, without needing a reason, and still receive a 75% refund.

Regular Cancellation Requirements for Refund

Typical Covered Reasons include:

Sickness, Injury or death of an Insured, Family Member, Traveling Companion or Business Partner:

(1) Sickness or Injury of an Insured, Traveling Companion or Family Member traveling with the Insured must be so disabling as to reasonably cause a Trip to be canceled or interrupted or which results in medically imposed restrictions as certified by a Physician at the time of Loss preventing continued participation in the Trip;

(2) Sickness or Injury of a Family Member not traveling with the Insured must be because their condition is life-threatening as certified by a Physician, or they require the Insured’s immediate care. Such disability must be so disabling as to reasonably cause a Trip to be canceled or interrupted and must be certified by a Physician;

(3) Sickness or Injury of the Business Partner must be so disabling as to reasonably cause the Insured to cancel or interrupt the Trip to assume daily management of the business. Such disability must be certified by a Physician.

Job Termination Involuntary employer termination or layoff of You or a Traveling Companion. Typically, employment must have been with the same employer for at least one continuous year.

Note that some policies require three years of continuous employment.

Cancel for Any Reason Cancellation Requirements for Refund

Policies like the iTravelInsured Travel LX offer Cancel for Any Reason protection.

All that is required is that a customer buys travel insurance within the time-sensitive period of 20 days.

The traveler must insure their entire non-refundable trip costs.

In the event that they wish to take advantage of the Cancel for Any Reason cover, the traveler must cancel their trip at least 48 hours prior to planned departure.

A 75% refund will then be paid.

Think of Cancel for Any Reason as a back-up to the regular 100% cancellation for sickness or injury.

We find this cover to be particularly helpful for those people who need to have the maximum amount of booking flexibility.

Note that the iTI Travel LX incorporates benefit levels that are far in excess of the Silversea Cruise Insurance, yet costs 50% less.

iTravelInsured Travel LX Insurance Benefits

Maximum Limits Per Person

Trip Cancellation Up to $100,000 of Trip Cost*

Trip Interruption 150% of Trip Cost**

Travel Delay $1,000 ($250 per Day after initial delay of six hours)

Missed Connection $500 (after initial common carrier delay of three hours)

Change Fee $300

Reimbursement of Miles or Reward Points $75

Baggage & Personal Effects $2,500

Baggage Delay $500 (after an initial delay of 12 hours)

Accident & Sickness Medical Expense $500,000

Hospital of Choice Included

Emergency Medical Evacuation $1,000,000

Common Carrier AD&D $100,000

Pre-existing Condition Waiver Available – if purchased within 24 hours of final trip payment

Search & Rescue $10,000

Sports Equipment Rental $2,000 ($500 per Day)

Waives excluded sports/recreation activities Included

Cancel for Any Reason Up to 75% of trip cost insured if purchased within 20 days of initial trip deposit. Must insure 100% of prepaid trip cost subject to cancellation penalties or restrictions

Interruption for Any Reason Included 75% of trip cost insured

Non-Emergency Evacuation $50,000

Rental Car Damage $40,000

Coverage Type Primary


Silversea Cruise Travel Insurance is expensive, with limited cover in critical areas. Take the time to compare travel insurance cover levels and prices in order to make an informed decision. Do so swiftly after your initial trip deposit so as to gain the maximum benefits from the policy – both in terms of cancellation benefits and medical benefits.

Safe travels.

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