If you like to travel abroad, a Schengen country will eventually become a part of your bucket list. However, you will need appropriate travel insurance to obtain a Schengen Visa. To help you out, this article has all the important information related to travel insurance for Schengen Visa from India.
A Schengen travel insurance plan is a mandatory insurance policy for an individual who wants to visit one of the 26 Schengen countries (from outside of Europe). A visa for these groups of countries is issued only when the applicant produces proof of holding travel insurance. Hence, you will need to have a valid insurance plan before applying for a Schengen Visa. The policy will take care of the financial burdens related to your journey, baggage, medical and other unexpected emergencies.
These are the reasons why you need travel insurance for a Schengen Visa.
Travel insurance is mandatory to obtain a Schengen Visa.
An insurance plan can cover sudden medical expenses on a trip.
The added trip costs due to delayed or lost checked-in baggage can be covered with an insurance plan.
The monetary support will be helpful in case you lose your travel funds or passport.
You may have to cancel or delay a trip due to some unavoidable reasons.
Here are the key features of travel insurance for Schengen countries.
Schengen travel insurance benefits (exact details depend on your policy)
Health/Medical emergency coverage
Travel medical insurance for Schengen Visa to cover emergencies related to the insured person’s health or a medical emergency.
Cover for hospitalisation expenses after the insured person’s accident on a trip.
Trip rescheduling/cancellation coverage
Cover for the cancellation or rescheduling of an insured trip.
Loss of passport coverage
Cover for the additional expenses after losing a passport on a trip.
Flight delay/cancellation coverage
Cover for the delay or cancellation of a flight by the airline.
Baggage delay/loss coverage
Cover for the delay or loss of checked-in baggage by the airline.
Adventure sports coverage
Cover for hospitalisation expenses after an adventure sports injury on a trip.
COVID-19 quarantine coverage
Cover for the trip cancellation after getting COVID-19 quarantined.
Loss of travel fund coverage
Cover for the loss of funds while travelling due to robbery, theft, etc.
The following are the major benefits of buying travel insurance for a Schengen Visa in India.
A Schengen travel insurance plan provides essential coverage for journey-related emergencies such as flight delays, travel fund loss, passport loss, etc.
Schengen medical insurance is essential to take care of the financial expenses if you end up in a hospital while travelling. This coverage will help in case of illness, accident and other medical emergencies.
Baggage delays and misplacements are common, especially on international trips. Hence, the baggage coverage offered by a Schengen travel insurance plan becomes important.
What is covered?
What is not covered?
The following are the situations usually covered under travel insurance for Schengen Visa from India.
An accidental injury that requires hospitalisation or daycare
A medical emergency that requires hospitalisation or daycare
Monetary loss after a flight delay or cancellation
Monetary loss after the misplacement or delay of the checked-in baggage
Monetary loss if you reschedule or cancel your trip
Personal liabilities with respect to third-party harm, death and/or property damage
Unrecoverable costs related to the loss of passport or travel funds
Family member’s compassionate visit in case of the insured person’s hospitalisation
COVID-19 quarantine resulting in trip cancellation
Even if you purchase the best travel insurance for Schengen Visa, it will come with a few exclusions. Some of the general exclusions are as follows.
Overstaying your stay in a Schengen country than the validity of your visa
Visiting a Schengen country for the purpose of medical consultation or treatment
Travelling when you’re not medically fit
Loss, damage or injury when you are under the influence of alcohol or some other intoxicating substance
Loss, damage or injury due to self-inflicted harm, suicide, etc.
Loss, damage or injury during a criminal act
Loss, damage or injury during a hazardous activity
Medical complications associated with pregnancy or a pre-existing disease
Here are the basic requirements related to travel insurance for Schengen Visa.
The sum insured under your Schengen travel insurance must be at least 30,000 euros.
There should be travel health insurance for Schengen to cover medical emergencies, accident-related hospitalisation, and medical repatriation costs.
The insurance policy must be valid throughout your trip in all Schengen countries.
You will need to disclose the reason for travelling and the duration of your stay.
The tips mentioned below will help you choose the best travel insurance for Schengen countries.
Look for different quotes to understand the travel insurance cost for Schengen Visa in India.
Compare different options with respect to coverage range, premium, features and services.
Select a sum insured based on the Schengen Visa guidelines, and according to the coverage range you select.
Customise the coverage types to align with your travel purpose.
Go through the claim process to avoid hassle at the time of raising claim requests.
The following section will help you prepare for a Schengen trip.
Here’s a list highlighting the 26 Schengen countries.
Depending on the purpose and duration of your visit, you can choose to apply for one of the following types of Schengen Visas.
Airport Transit Visa
Visa for Tourists
Visa for Friends/Relative visit
Here are the steps to give you an idea of how you can submit your Schengen Visa application in India.
Step 1: Download the application form via the Schengen Embassy website and fill it out accurately.
Step 2: Choose your Schengen Visa type and submit the application along with the requested documents.
Step 3: Pay the required fee and appear for the interview.
Step 4: Allow some time for processing to receive your visa.
These are the major documents required from an applicant for a Schengen Visa.
Proof of accommodation in the destination country
Duly filled out visa application
Two recently taken passport photographs
A valid passport
Flight tickets and travel itinerary
Health/travel insurance covering medical coverage of at least 30,000 euros
Proof of finances to fund your stay in the foreign country
Proof of employment
The following table shows the best places to visit in the Schengen area as per the weather conditions.
Best places to visit
Switzerland, Germany, Italy, Greece, and Spain
Netherlands, Sweden, Belgium
Almost all Schengen countries
Yes, travel insurance is mandatory for a Schengen Visa. In fact, it is compulsory that your insurance policy provides medical coverage of at least 30,000 euros on your trip.
Yes, baggage delay and loss are usually covered under travel insurance for Schengen countries. However, the coverage limits will depend on the policy and the insurer’s terms.
Everyone living outside the Schengen area must get a Schengen Visa along with travel insurance covering medical emergencies.
The Schengen Visa cost for Indians depends on various factors like the insurance provider, coverage range, number of travellers, etc. So, you can cut the travel insurance for Schengen Visa cost by investing some time to research multiple options online and customising your policy based on suitable features and budget.
Disclaimer: The plans, services, features, processes, and other details mentioned on this page are subject to availability and changes. Please check the applicable policy wordings before making any insurance-related decisions. Feel free to reach out to us at [email protected] for any queries.