Sunday, June 17, 2012

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

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.

 

 

 

 

 

 

 

 

 

 

 

 

 

Archive of Forbes Articles By Deborah Jacobs

Deborah L. Jacobs, a lawyer and journalist, is the author of Estate Planning Smarts: A Practical, User-Friendly, Action-Oriented Guide. You can follow her articles on Forbes by clicking the red plus sign or the blue Facebook �subscribe� button to the right of her picture above any post. She is also on Twitter.

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