I always take out the vacation protection. The one time that I was thinking about not taking it proved to be the time when I actually needed it. I booked a cruise two weeks in advance and thought what could happen. I knew my mother was having minor surgery but said just in case. Unfortunately about 5 days after surgery, my mother passed away and we had her funeral the day that we were supposed to sail. We were able to get a refund and rebook for the following spring. We ended up enjoying a nice room overlooking Niagara Falls since my then wife and I had the vacation time already and we lived about a 4 hour drive away which saved us from having to find a last minute flight somewhere to celebrate our anniversary. That was 10 years ago this upcoming December and I have never turned down vacation protection since.