Tango - I have a question then. Why would people buy cruise insurance (or travel insurance) for example which protects them in the event the cruise line goes bankrupt? I have seen this type of coverage touted often and some insurers will not even cover certain cruise lines. If people could just get their money back from their credit card this would not be necessary. And I assume even if you did not receive a "service" such as a flight due to a sickness for example, then this credit card rule does not apply. Same thing for no-shows at a hotel? Just curious because I have not heard this before relating to this situation. Thanks for the clarification.