Getting visitor insurance may not be the first thing on your mind when planning a trip, but it can be a valuable investment in the long term. It’s easy to underestimate the need for Schengen visa travel insurance, assuming everything could go smoothly. However, when something goes wrong, and you’re left with a substantial bill, you’ll regret not purchasing travel medical insurance.
If you’re applying for a Schengen visa, you may need to obtain Schengen visa travel insurance to accept your application. But what happens if your visa application gets rejected even after purchasing insurance? In this post, we’ll detail what you need to know about purchasing travel insurance for Schengen visa.
What Is Travel Medical Insurance?
Travel insurance, also known as travel medical insurance, is a policy that you can purchase before travelling. It ensures that in the event of unexpected medical expenses, such as hospitalisation or visits to a doctor, your expenses will be covered by your travel insurance policy.
Rather than paying for these expenses out of your pocket, the insurance company you purchased the policy from will pay for them. Depending on the type of policy you purchase, your coverage could extend beyond medical fees to include a range of travel disruptions. Visitors’ insurance policies typically cover various areas, including airline cancellations, lost baggage, flight cancellations due to weather, accidental death or injury, stolen travel documents, hospital fees, medicine costs, and emergency evacuation.
Why Travel Insurance Is Must For Schengen Visa
Having Schengen visa travel insurance is a mandatory requirement for applying for a Schengen visa. Travelling carries inherent risks, including health risks arising from changes in climate and lifestyle. It is essential to obtain an insurance policy that meets Schengen visa requirements.
To demonstrate compliance, applicants must present a one-page insurance coverage letter indicating that they are covered by Schengen Travel Medical Insurance, with a minimum coverage of €30,000 for all medical expenses that may arise in any Schengen country. Acceptable Schengen travel insurance can significantly enhance the likelihood of obtaining a Schengen visa.
What Factors Need To Consider When Purchasing Travel Insurance
To get your Schengen visa approval, you must meet all the requirements for Schengen travel insurance. Your Schengen travel insurance policy must meet the following criteria:
- A minimum coverage of EUR 30,000
- Zero deductible insurance
- Coverage for all Schengen countries
- Coverage for the entire duration of your Schengen trip
- Provision of a one-page Schengen visa insurance letter
What If Your Schengen Visa Application Gets Rejected
If you have bought appropriate travel insurance for your visa application, you must only pay the outstanding balance if your trip occurs as planned. Furthermore, suppose you received your visa but later changed your travel dates. In that case, you should be able to modify your insurance policy to cover the new dates without incurring additional charges.
Travel insurance and hotel reservations are crucial when applying for a Schengen visa. It not only satisfies the visa requirements, but also provides protection and peace of mind during your travels. By taking the necessary precautions, you can ensure a hassle-free and enjoyable trip to Europe.