We are in a quandary. In 1984 we bought week 8 unit C11A&B in pre-construction, in 2012 we bought week 9 C11A from an owner. We chose the weeks and location of the unit - Heineken Regatta, sometimes Carnavale, views of Simpson Bay, sunsets thru the side opening, and lagoon from a private enclosed balcony.Over the past 33 years we endured the construction staging of the "B" buildings behind us, financial problems of Pelican Resort (including the last minute Resort shutdown), and the 1997 Hurricanes (which deprived us use of the C11A unit) for two years. Now the buildings will be demolished under the "force majeure" clause of contracts. We question whether the units were underinsured? The offer of points equal to the units clearly benefits the Resort, and provides it with land to build new buildings with a denser occupancy. What made the "C" and "D" buildings attractive was their footprint, amenities (smaller, quieter pools) and location (although partially obscured by the Suites building). Will future use now allow us to get a week of our choice in a low density structure - I think not! Our quandary is whether to accept the offer (and pay the rebuild assessment on a structure which does not exist) or opt-out and get a refund of our 2018 maintenance. BTW, we took advantage of the Resort's prior offer and "banked" weeks 8 and 9 with Interval. We are also owed points for week 8 C11B which we converted to points in 2016 and had booked a November 2017 visit.