The breakdown of penalties for canceling RCI Points timeshare vacations is based on how close to the departure date the reservation is canceled.  The breakdown is as follows:

• Grace Period (1 day after making transaction) 100% restoration of points and no loss of transaction fee for reservations made 21 days or greater in advance.

• 120 days or greater - 100% restoration of points and full loss of transaction fee.

• 119 days to 61 days - 75% restoration of points and full loss of transaction fee.

• 60 days to 30 days - 50% restoration of points and full loss of transaction fee.

• 29 days or less - 25% restoration of points and full loss of transaction fee.

Built within the RCI exchange program is the option for timeshare owners to purchase cancellation insurance in the event that the owner needs to cancel the reservation prior to the stay or the vacation reservation is canceled by RCI prior to the stay (i.e. natural disaster, construction, etc.). RCI’s term for this insurance is Vacation Protection. Vacation Protection is different for points and weeks members, and the differences are discussed below.
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