Schengen Visa Insurance is a type of travel insurance that is mandatory for obtaining a Schengen visa, which allows entry into any of the 26 countries in the Schengen Area. This insurance provides medical coverage, emergency medical evacuation, and repatriation of remains in case of death.
The minimum coverage requirement for Schengen Visa Insurance is €30,000 (or the equivalent in another currency) for medical expenses, including hospitalization, emergency medical treatment, and repatriation of remains. The insurance should cover the entire duration of the stay in the Schengen Area, and it should be valid in all the Schengen countries.
When applying for a Schengen visa, the applicant must provide proof of Schengen Visa Insurance as part of the visa application process. It is recommended to obtain the insurance policy before booking any travel arrangements, as the insurance policy may include exclusions that could affect the traveler’s plans.