Requirements for Schengen Travel Insurance

All nationals of third countries requesting a Schengen visa are required to have Schengen travel insurance, as per European Parliament Regulation (EC) No 810/2009. This insurance guarantees applicants their financial security in the event of unanticipated medical emergency when traveling through the Schengen Area.

The Value of Travel Insurance for Schengen Area

For Schengen visa applicants, getting travel insurance is essential to protect against future medical costs. For a seamless vacation, be sure you have adequate medical coverage in addition to gathering the other paperwork.

Coverage Area

All candidates for Schengen visas must have travel insurance, regardless of whether they are going for business, pleasure, education, or to see family. An application for a visa will be denied if the necessary insurance is not purchased.

Important Conditions for Insurance for Schengen Visas

Regulation (EU) 2019/1155 states that the travel insurance policy needs to:

A minimum of €30,000 should be set up for medical expenses, such as emergency care, hospital stays, and medical evacuations.

be accepted in every Schengen nation, even if the applicant only intends to go to one.

For the whole time the applicant is staying in the Schengen Area, provide coverage.

Those who intend to travel frequently should think about extended validity policies in order to save money on reacquiring insurance every time.

Selecting an Appropriate Travel Insurance Policy

When choosing a travel insurance policy, take your needs, budget, and level of coverage into account. Verify the provider’s licensure and approval from the consulates and embassies of Schengen. Prominent providers with varying policies to fit different demands and budgets include AXA, Europ Assistance, Mutuaide, and Allianz Travel.

Provider Details

Schengen and Schengen Plus plans with a €0 deductible are available from Europ Assistance. Prices start at €3 to €5 per day, with coverage ranging from €30,000 to €60,000.

Mutuaide Basic: From €3 per day, this plan covers medical expenses up to €30,000 worldwide and is perfect for sports enthusiasts.

Allianz Travel: Allianz Serenity covers medical costs up to €30,000 and includes luggage insurance, with a daily deductible of €7.

AXA: Provides coverage amounts and deductibles ranging from €3.75 to €6.35 per day for Silver, Gold, and Platinum policies.

Extra Thoughts on Coverage

A complete travel insurance coverage may cover emergency evacuation, repatriation of remains, return of minors, accidental death, and burial expenditures in addition to medical charges. Sports involving a high level of danger, travel to high-risk nations, and pre-existing medical issues may all necessitate additional insurance.

The Ideal Time to Buy Insurance

Before going to the visa interview, but even after completing vacation plans, you should buy travel medical insurance. This guarantees coverage for the duration of your visit to the Schengen Area.

Typical Errors to Avoid: Not Verifying Coverage Requirements Make sure the policy covers all Schengen states and has a minimum coverage of €30,000.

Ignoring Policy Validity: Throughout the course of the visit, the insurance must be in effect.

When selecting the least expensive policy, be sure it offers sufficient coverage and satisfies all standards.

Purchases made at the last minute: Do your homework in advance to evaluate policies and select the best fit.

Giving False Information: The acceptability of a claim depends on accurate personal information.

Hiding Medical History: To guarantee coverage, disclose all prior medical issues.

Ignoring Policy Limitations: Recognize the exclusions and limitations of the policy.

Neglecting Provider Reputation: Look into the provider’s standing and testimonials.