 Hello everyone, this is financial author Ahmed Dunn of Iran Journal. Today, I'll talk about price protection insurance that is not covered by regular travel insurance. All inclusive vacation packages are popular among North American vacationers going to Caribbean countries. Flight, hotel, food, drink, basically everything is included in this package. Travelers who are looking to relax without worrying about everything else usually choose this type of all-inclusive package. Price protection guarantee is a separate add-on that you can purchase for all-inclusive vacations. It can run from $50 to $100 or even more. Price top protection is actually not covered by premium credit card insurances that cover all source of travel insurances such as trip cancellation, trip interruption, medical emergency, flight delay and so on. When I bought my vacation package in November from a third party travel agent, the original vacation provider was offering a price protection guarantee as a promotion free of charge. So I did not mind accepting it just in case. At the same time, I set up a price top alert on the travel website that would alert me when the price drops below what I paid previously. In April, I received an email stating my vacation price has dropped roughly $200. So I contacted the claim half-center to find out the procedure. I was told that I could claim only once so if the price even drops further I won't be able to claim it later on if I decide to claim it right then. My options were to claim at the time or wait for a further drop to claim later. So I decided to claim right away. The process was simple. You just need to give the agent all your related information and mention you'd like to claim. I received the difference on what I paid versus what it had dropped to within three business days in my bank account. All inclusive vacation packages tend to drop significantly before two months or just before the departure date as vacation providers try to empty their unsold inventories. So it may make sense to have this feature added if you'd like to minimize your risk. However, you need to decide on whether you'd like to pay extra to buy this protection. There's also the possibility that the price on drop at all based on your risk tolerance and life style make an educated decision before paying for anything extra and always do your research. That's all for today. Thank you.