SCHENGEN TRAVEL INSURANCE: Coverages & Quotes

One important condition among the many for obtaining a Schengen visa is evidence of travel insurance coverage. A travel health insurance policy must adhere to a set of strict requirements before it can be used to apply for a visa in the Schengen region. In order to obtain the right insurance plan and increase your chances of receiving a favorable response to your Schengen visa application, it is crucial that you be aware of these criteria. This article will help you gain a better understanding of Schengen Travel Insurance, its benefits, and important factors to keep in mind.

Schengen Travel Insurance

Schengen travel insurance is a type of insurance that is required for individuals who are traveling to one of the 27 Schengen countries in Europe. It is a mandatory requirement for obtaining a Schengen visa. Schengen travel insurance provides coverage for medical expenses, emergency medical evacuation, repatriation of remains, and other travel-related incidents. Also, this ensures adequate coverage for your trip.

Features of Schengen Travel Insurance

#1. Coverage Requirements

Schengen travel insurance must meet certain coverage requirements, which may vary depending on the country of travel. The minimum coverage for medical expenses is generally set at 30,000 EUR or its equivalent in USD. The insurance policy should also cover emergency medical evacuation and the repatriation of remains.

#2. Coverage Options

In addition to medical coverage, Schengen travel insurance may also provide coverage for trip cancellation or delay, loss of passport and travel documents, and other travel-related issues.

#3. Emergency Dental Treatment

Schengen travel insurance may cover emergency dental treatment expenses resulting from sudden and unexpected dental issues during your trip.

#4. Travel Delay

If your trip is delayed for a specified number of hours due to circumstances beyond your control (such as airline strikes or severe weather conditions), Schengen travel insurance may provide coverage for additional accommodation and transportation expenses incurred as a result.

#5. Trip Curtailment

If you need to cut short your trip due to unforeseen circumstances, such as a family emergency or serious illness, Schengen travel insurance may offer coverage for the unused portion of your trip expenses.

#6. Personal Accident Coverage

Schengen travel insurance may provide coverage in the event of accidental death, permanent disability, or dismemberment that occurs during your trip.

#7. Travel Assistance Services

Schengen travel insurance often includes travel assistance services, such as travel information, embassy and consulate referrals, translation services, and help with lost or stolen travel documents.

#8. Optional Add-ons

Depending on the insurance provider, you may have the option to add additional coverage to your Schengen travel insurance policy, such as adventure sports coverage, rental car coverage, or coverage for high-value belongings.

#9. Repatriation of Remains

In the unfortunate event of death during your trip, Schengen travel insurance usually covers the repatriation of your remains to your home country.

#10. Validity in the Schengen Area

Schengen travel insurance is specifically designed to meet the requirements of Schengen visa applications. It is valid in all the countries within the Schengen area.

Visa Schengen Travel Insurance

Obtaining a Schengen visa requires valid insurance, which must meet minimum coverage requirements of at least €30,000. Schengen travel insurance is a mandatory requirement for individuals traveling to the Schengen Area, including 27 European countries. It provides coverage for medical expenses, emergency medical evacuation, and repatriation of remains.

Guide To Choosing The Right Schengen Visa Travel Insurance

When choosing a Schengen travel insurance policy, it’s essential to consider several factors to ensure you have adequate coverage for your trip. Here are some tips to help you choose the right Schengen visa travel insurance:

#1. Check the Coverage Limits

Make sure the insurance policy meets the minimum coverage requirement of €30,000 for medical expenses. Additionally, check the coverage limits for other aspects like emergency medical evacuation, repatriation of remains, and personal belongings.

#2. Review the Policy Exclusions

Carefully read the policy exclusions to understand what is not covered. Common exclusions may include pre-existing medical conditions, high-risk activities, and certain types of injuries or illnesses.

#3. Consider Your Travel Duration

If you are planning multiple trips within a year, consider purchasing an annual multi-trip policy. If you have a specific one-time trip, opt for a single-trip policy that covers the entire duration of your trip.

#4. Read Customer Reviews

Look for reviews and feedback from other travelers who have used the insurance provider. This can give you insights into the quality of service, ease of the claims process, and overall customer satisfaction.

#5. Compare Multiple Insurance Providers

Obtain quotes and compare the coverage, benefits, and prices of different insurance providers. This will help you find the most suitable policy that fits your needs and budget.

#6. Check the Cancellation Policy

Understand the terms and conditions related to trip cancellation or interruption coverage. Ensure that the policy covers non-refundable expenses like flights and accommodation in case of unexpected events.

#7. Consider Additional Coverage

Depending on your specific needs, consider if you require additional coverage such as dental treatment, coverage for adventure sports, or coverage for pre-existing medical conditions. Some insurance providers offer optional add-ons for specific needs.

#8. Check the Claims Process

Understand the process of filing a claim and the required documentation. Ensure that the insurance provider has a straightforward and efficient claims process.

#9. Verify Acceptance by Schengen Countries

Confirm that the insurance policy meets the requirements set by the Schengen countries you plan to visit. This is important to ensure your visa application is not rejected.

#10. Check the Network of Medical Providers

Some insurance providers have a network of preferred medical providers, which can be beneficial if you need medical care while traveling. Ensure that there are network hospitals and clinics in the Schengen countries you plan to visit.

Schengen Travel Insurance (AXA)

AXA is a well-known insurance provider that offers Schengen travel insurance. They provide coverage for all 27 countries in the Schengen Area and have different insurance options to choose from.

Features of Schengen Travel Insurance (AXA)

AXA Schengen travel insurance offers the following:

#1. Coverage

AXA Schengen travel insurance provides both travel and medical insurance coverage. It covers a wide range of medical expenses, including emergency medical treatment, hospitalization, and repatriation. Additionally, it offers coverage for trip cancellation or interruption, baggage loss, and personal liability.

#2. Insurance Plans

AXA offers different insurance plans to cater to various needs and budgets. They have options like low-cost insurance, European travel insurance, and multi-trip insurance. The coverage limits and benefits may vary based on the plan you choose.

#3. Policy Duration

AXA Schengen travel insurance can provide coverage for up to 180 consecutive days, which is more than the standard maximum length of a trip allowed in the Schengen Area.

#4. Medical Expenses

AXA provides coverage for medical expenses up to a specified limit, which can go up to 100,000 euros (approximately $111,000). This coverage includes emergency medical treatment, hospitalization, and medical evacuation if necessary.

#5. Assistance Services

AXA offers 24/7 assistance services to help travelers in case of emergencies or travel-related issues. This includes medical assistance, emergency medical transportation, and legal assistance.

#6. Visa Requirements

AXA Schengen travel insurance is designed to meet the visa requirements of the Schengen countries. It provides the necessary coverage and documentation required for obtaining a Schengen visa.

#7. Online Purchase

AXA provides an online platform where travelers can easily purchase Schengen travel insurance. This makes it convenient for travelers to compare plans, select the coverage that suits their needs, and complete the purchase process online.

#8. Easy Claims Process

AXA has a streamlined claims process to make it easier for travelers to submit and track their claims. They provide clear instructions on how to file a claim and have dedicated customer support to assist with any queries or issues that may arise during the claims process.

#9. Additional Optional Coverage

In addition to the standard coverage, AXA offers optional add-ons such as sports coverage, trip curtailment coverage, and coverage for high-value items. These optional coverages can be added to the base policy for an additional premium.

#10. Group Travel Insurance

AXA provides group travel insurance for families, friends, or organized tours traveling together to the Schengen Area. This can be a convenient option for groups, as it allows them to obtain coverage under a single policy.

Low-Cost Schengen Travel Insurance

Low-cost Schengen travel insurance refers to insurance plans that provide affordable coverage for individuals traveling to the Schengen area. This type of insurance is designed to meet the minimum requirements for obtaining a Schengen visa while offering cost-effective options for travelers. The cost of the insurance may vary depending on factors such as the duration of the trip, the coverage limits, and any additional add-ons or optional coverage selected.

List of Low-Cost Schengen Travel Insurance Providers

#1. AXA

AXA offers low-cost Schengen travel insurance plans that provide basic coverage for medical expenses, emergency medical evacuation, repatriation, and personal liability. They have different policy options to suit various travel durations and budgets.

#2. Swisscare

Swisscare offers low-cost Schengen visa insurance plans that meet the minimum coverage requirements. They provide coverage for medical expenses, emergency medical evacuation, and repatriation.

#3. Mondialcare

Mondialcare offers low-cost Schengen travel insurance plans starting at 34 EUR. Their policies provide coverage for medical expenses, emergency medical evacuation, and repatriation.

#4. Insubuy

Insubuy is a US-based insurance provider offering affordable Schengen visa insurance policies. They provide options for basic coverage at a lower cost.

#5. World Nomads

World Nomads offers affordable Schengen travel insurance plans that provide coverage for medical expenses, emergency medical evacuation, and personal liability. Their standard plan is priced competitively.

#6. InsureandGo

InsureandGo offers affordable Schengen travel insurance plans with coverage for medical expenses, emergency medical evacuation, and trip cancellation. They have different policy options to suit various travel durations and budgets.

#7. Seven Corners

Seven Corners provides low-cost Schengen travel insurance plans that meet the minimum coverage requirements. Their policies offer coverage for medical expenses, emergency medical evacuation, and repatriation.

#8. Europe Assistance

Europe Assistance offers low-cost Schengen travel insurance plans that provide basic coverage for medical expenses, emergency medical evacuation, and repatriation. They have options for different travel durations and budgets.

#9. ihi Bupa

Plans from ihi Bupa that comply with the minimal coverage needs are inexpensive and provide Schengen travel insurance. Medical costs, emergency medical evacuation, and repatriation are all covered under their plans.

#10. Allianz Global

Allianz Global offers affordable Schengen travel insurance plans starting at $27. Their policies provide coverage for trip cancellation, emergency medical expenses, and other benefits.

Which Schengen Travel Insurance Is Best?

The best Schengen travel insurance depends on individual needs and preferences. However, some reputable insurance providers for Schengen travel insurance include Europ Assistance, AXA Schengen, World Trips, Allianz, and Tata AIG. It is important to compare coverage, prices, and policy terms to find the best option. Additionally, it is recommended to ensure that the chosen insurance provider is recognized and accepted by the consulates and embassies representing the Schengen Area countries.

Do I Need Schengen Insurance?

Yes, a Schengen travel insurance policy is a mandatory requirement for travelers applying for a Schengen visa. It is necessary to have health insurance or travel insurance that covers medical expenses to apply for a Schengen visa. This insurance coverage helps minimize the financial risks associated with accidents, illnesses, canceled flights or tours, lost baggage, and theft while traveling.

Which Is The Best And Cheapest Travel Insurance For A Schengen Visa?

There are several affordable options for travel insurance for a Schengen visa. Mentioned providers include Europ Assistance, AXA, World Trips, Allianz, and MondialCare. It is advised to compare coverage, prices, and policy terms to find the most suitable and cost-effective option that meets the requirements of the Schengen visa application.

How Much Does Travel Insurance Cost?

The cost of travel insurance depends on the trip cost, policy type, destination, age, and coverage limits. However, the average cost of travel insurance is generally estimated to be around 4% to 6% of your total trip expenses. Some sources mention an average cost of $248 per trip, while others suggest that travel insurance costs can range from $35 to $200 per trip.

Which Schengen Country Visa Is The Easiest To Get?

Lithuania is the easiest Schengen country to obtain a visa from. Officials in Lithuania have a high approval rate, with 98.7% of applications being granted. Other countries that are often mentioned as relatively easy to obtain a Schengen visa from include Estonia, Finland, Iceland, Luxembourg, Slovakia, Latvia, and the Czech Republic. However, the ease of obtaining a Schengen visa can vary based on individual circumstances and the specific requirements of each country.

How Much Expenditure Do I Need For A Schengen Visa?

To receive a Schengen visa, the minimum amount of money required for daily expenditure can vary depending on the country you are applying to. For instance, to receive a Schengen visa for Belgium, you need to have a minimum of €95 per day if you are staying at a hotel or similar accommodation. However, the specific requirements can vary from country to country.

Conclusion

AXA offers Schengen travel insurance covering all 27 Schengen countries, offering travel and medical coverage, various insurance plans, 180 consecutive days, medical expenses up to 100,000 euros, and 24/7 assistance services. Coverage includes emergency treatment, hospitalization, repatriation, trip cancellation, baggage loss, and personal liability. Low-cost Schengen travel insurance offers affordable coverage for Schengen travelers who meet visa requirements.