Beneficiary Form
What This Form Is For
The Beneficiary Designation Form ensures your First Class Vacations travel credits are transferred exactly according to your wishes if you are no longer able to use them.
We take this very seriously, and this is an important part of protecting every client—especially because the timing of completing all travel and benefits may extend beyond one to two years.
A Message to Our First Class Vacations Family
Our Path Forward — Together
First and foremost, we want to be very clear about one important point:
after the complete government-mandated shutdown of the cruise industry during COVID-19, First Class Vacations received no industry-specific relief or recovery funding, and yet we made a conscious decision not to walk away from the clients who had trusted us for so many years.
First Class Vacations was founded in 2004 and grew into a multi-million-dollar travel company with more than 40 employees, serving over 40,000 clients and fulfilling more than 50,000 vacations over the past two decades. Our success was built on relationships, trust, expertise, and highly personal service.
Then COVID-19 struck at the worst possible moment, just as we were entering a new period of transition and growth. The cruise industry was effectively shut down by government order for more than a year, and unlike many other sectors, did not receive any relief or recovery support. As a result, First Class Vacations has not been able to recover in the way we all hoped for or worked toward despite our continued efforts, commitment, and determination.
But one thing never changed: Our commitment to our clients.
Important Note About Spouses
You do NOT need to list your spouse on this form.
If no beneficiary is designated, your vacation investment will automatically transfer to your spouse.
This form is primarily for:
-Single clients, or
-Clients who want to designate someone other than a spouse, or
-Clients who want to plan for a scenario where both you and your spouse are not able to use the vacation.
You Can Split Credits Between Multiple Beneficiaries
You may designate up to four (4) beneficiaries and assign a percentage of your vacation credit to each person.
Examples:
If you have $6,000 in vacation credit and 3 children, you can assign $2,000 (or 33.33%) to each child
Or you can set it up like a trust:
50% to one person
25% to another
25% to another
If you only want to choose one person, simply list one beneficiary at 100%.
Our Commitment
Our mission is simple: every First Class Vacations client will receive everything they paid for—and more.
This form helps us make sure your wishes are honored and your investment is protected.
Why Fan Cruise Was Created
After years of pursuing every traditional option, including government financing that continues to be delayed, we realized that we could not afford to simply wait.
That realization led Dalilah Santini, who has been with First Class Vacations since 2013, and me to found Fan Cruise.
Fan Cruise is an entirely new company built around a revolutionary model: the creation of large-scale, full-ship themed cruises in partnership with major cruise lines such as Royal Caribbean. This model allows us to deliver extraordinary, once-in-a-lifetime experiences while generating the scale of revenue and impact that traditional travel agencies simply cannot achieve.
This model has allowed FanCruise to attract significant investment capital and grow quickly. In only a few short months FanCruise has reached a valuation of over $25 million. Industry analysts project that following our first major sailing, the Legends of Boxing FanCruise, partnered with the World Boxing Council, Royal Caribbean and featuring over 50 world champions the company’s value may easily grow 10-20 times beyond that. With many more major themed cruise events on the horizon the company’s success is almost unlimited.
This success is what allows us to create a responsible, structured, and realistic path forward for our First Class Vacations clients.
Why FanCruise Was Created
After years of pursuing every traditional option, including government financing that continues to be delayed, we realized that we could not afford to simply wait.
That realization led Dalilah Santini, who has been with First Class Vacations since 2013, and me to found Fan Cruise.
Fan Cruise is an entirely new company built around a revolutionary model: the creation of large-scale, full-ship themed cruises in partnership with major cruise lines such as Royal Caribbean. This model allows us to deliver extraordinary, once-in-a-lifetime experiences while generating the scale of revenue and impact that traditional travel agencies simply cannot achieve.
This model has allowed FanCruise to attract significant investment capital and grow quickly. In only a few short months FanCruise has reached a valuation of over $25 million. Industry analysts project that following our first major sailing, the Legends of Boxing FanCruise, partnered with the World Boxing Council, Royal Caribbean and featuring over 50 world champions the company’s value may easily grow 10-20 times beyond that. With many more major themed cruise events on the horizon the company’s success is almost unlimited.
This success is what allows us to create a responsible, structured, and realistic path forward for our First Class Vacations clients.
Introducing the Emerald Club
Because of our loyal client base and the many new travelers soon to join FanCruise, we created a private, invitation-only travel and concierge club called The Emerald Club.
The Emerald Club is available for First Class Vacation clients for one reason: To provide our First Class Vacations clients with the highest level of service, care, and expertise and to responsibly carry forward your vacation value or provide refunds when travel is no longer possible.
Through the Emerald Club, FanCruise will work to fulfill existing First Class Vacations luxury cruise packages over the coming years and to provide refund options for those who are unable to travel due to age, health, or personal circumstances.
Introducing the Emerald Club
Because of our loyal client base and the many new travelers soon to join FanCruise, we created a private, invitation-only travel and concierge club called The Emerald Club.
The Emerald Club is available for First Class Vacation clients for one reason: To provide our First Class Vacations clients with the highest level of service, care, and expertise and to responsibly carry forward your vacation value or provide refunds when travel is no longer possible.
Through the Emerald Club, FanCruise will work to fulfill existing First Class Vacations luxury cruise packages over the coming years and to provide refund options for those who are unable to travel due to age, health, or personal circumstances.
Your Emerald Club Membership & Next Steps
To responsibly manage accounts, protect inventory, coordinate bookings, and deliver personalized concierge services, First Class Vacations clients will be exclusively handled through Fan Cruise’s Elite Emerald Club membership program.
The standard Emerald Club membership is $5,000. However, for First Class Vacations clients, it is being offered at a substantially reduced transition amount of $945, which is either added to your account as $1,200 in travel credit or refunded to you in full. Therefore, it effectively costs you nothing.
You may choose to have your $945:
Converted into $1,200 in travel credit, or
Applied toward your refund balance, or
Refunded to you in full if your vacation is already paid and you do not need additional credits.
In addition, a limited number of enhanced membership options are available that include increased travel value, additional credits, and special benefits as a thank-you for your patience and loyalty.
Our goal is to make this transition simple, fair, and beneficial while continuing to provide you with the level of service and care you deserve.
In essence, this program is designed to cost our clients ZERO unless you choose upgrades or enhancements.
We were told repeatedly by consultants that this structure would not be possible. We were told it would require much higher fees that could not be added as a credit or refunded. We kept pushing anyway because our goal was never to extract more from our clients, but to protect what you already invested.
An Opportunity to Participate in Fan Cruise’s Growth
In addition to creating a path forward for your vacations, we also want to offer our clients a brief opportunity to participate in Fan Cruise’s growth through our Regulation CF crowdfunding campaign. Although we have already completed a successful founders round and could have increased our valuation, we intentionally chose to keep our share price at $1 per share for a limited time, because many of our clients were not aware of the opportunity to participate at such an early stage. We have established a secure funding portal where clients may, if they wish, purchase shares at this original $1 price with minimums as low as only $300. This is entirely optional and is simply a way for those who believe in what we are building to show their support and to participate in the company’s journey from its earliest stage. We see this as a thank-you to our community and a way for you to be part of this new chapter if it feels right for you.
Special Charter Investor round
For those who are interested in a larger level of participation, we are also offering a special Charter Investor round for clients considering investments of $3,000 or more. This round includes additional, exclusive benefits and is available on a limited basis. Clients who qualify for the Charter Investor program will have the opportunity to meet personally with Dalilah and Jeff during a one-on-one Zoom call, where we will walk through the details step by step and answer any questions you may have. This is simply an additional option for those who feel aligned and wish to participate at a deeper level.
What Happens Next
We are now entering the execution phase of this process.
Clients in their 80s and 90s will be given priority scheduling and assistance. All other clients will be able to start onboarding in late February.
You can get the process started by clicking here to visit our forms page.
You can schedule a meeting with our V.P. of Client Relations to discuss your account and choose the option that works best for you.
Travel groups and a private community (including social travel options for single travelers) are being created.
This is a process, not a single event and we are committed to walking through it with you personally.
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