- Princess is retiring the Standard PVP plan; effective December 9, 2025
- Platinum PVP (costing 12% of fare) will be the only comprehensive plan available.
- The popular At-Ease Waiver is renamed Cancellation Protection and is being expanded globally, allowing cancellation up to 72 hours before departure for a full refund.
- The loyalty benefit allowing Ruby, Platinum, and Elite members to upgrade to Platinum PVP for the price of Standard PVP will be eliminated.
- Cancellation Protection costs are tiered, beginning at $10% of the cruise fare for bookings up to $5000.
Princess Cruises is implementing significant enhancements to its Princess Vacation Protection (PVP) Programs, effective for cruise bookings made on or after December 9, 2025. These updates are intended to simplify choices while expanding coverage availability across global markets.
The most substantial structural change is the retirement of the Standard PVP plan. Moving forward, Platinum PVP will be the sole comprehensive insurance coverage plan available for purchase, priced at 12% of the cruise fare. Concurrently, the popular At-Ease Waiver is being renamed Cancellation Protection. This program, which allows guests to cancel for any reason up to 72 hours before the first departure date for a full refund (minus the program cost), is being expanded globally, excluding the UK and Australia/New Zealand. The cost of Cancellation Protection is tiered, starting at 10% of the cruise fare.
The shift also results in the elimination of a key loyalty perk: the previous benefit that allowed Ruby, Platinum, and Elite members to purchase the Platinum PVP for the price of the retiring Standard PVP. Travelers who booked before the December 9 cutoff date will have their existing coverage grandfathered. The updates underscore Princess’s commitment to providing flexibility and peace of mind, though guests must be aware of the new simplified structure and costs when planning future voyages.
