Understanding the Disney Cruise cancellation policy » is essential before booking your dream vacation, as it outlines the refund timelines, penalties, and special exceptions that may apply if your plans unexpectedly change. From knowing how far in advance you must cancel to avoid hefty fees, to learning the stricter rules for concierge-level staterooms, being informed can save you thousands of dollars. The policy also covers hotel stays, rebooking options, and exceptions for emergencies, while travel insurance can provide extra protection for your investment.