Thursday, January 26, 2012

You (Or Your Heirs) Can Collect More From A Plane Crash Than From A Shipwreck

This article appears in the February 13 issue of Forbes magazine. For a lengthier report, click here



 
Deborah L. Jacobs, Forbes Magazine 

Most people assume they are safer on a cruise ship than they are on an airplane. Statistics to prove it are scarce. But this much is clear: When disaster strikes, as it did off the coast of ­Tuscany on Jan. 13, you (or your heirs) can collect more from a plane crash than you can from a shipwreck.

This cruel and ghoulish irony stems from a combination of federal law, a key international convention and the extremely anticonsumer terms commonly found in cruise ­contracts. Here are the key roadblocks built into the legal system.

This article appears in the February 13 issue of Forbes magazine. For a lengthier report, click here

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