If you are planning to visit the US, you’ll need an American visa; if you want to visit Japan, you’ll need a Japanese visa; but if you want to visit Switzerland, there’s no such thing as a Swiss visa. Instead, travelers need a Schengen visa.
So, if you're planning to apply for a Schengen Visa, it's important to have appropriate travel insurance that meets the specific standards set by the Schengen countries. This type of insurance is commonly known as "Travel Insurance for Schengen Visa." Hence, it’s essential for you to be aware of the requirements to increase your chances of having your visa application approved.
To make it easier, we've compiled some key information in this article that will assist you in meeting the necessary travel insurance policy requirements for your Schengen Visa application.
Let’s get into the details.
The entire European continent collectively, excluding Britain, comes under the European Union. So, to visit a European country, you’ll need a Schengen visa, which allows you to visit all 26 countries on the European continent without any hassle.
When applying for a Schengen visa, there are several documents that you need to prepare. For Indian passport holders, it is crucial to provide proof of travel medical insurance as one of the requirements for a Schengen visa. Essentially, this policy is designed to cover the expenses related to your trip, including baggage, medical emergencies, and any unforeseen circumstances.
However, Schengen countries have their own set of rules. They've got specific criteria your travel health insurance should meet to make sure your visa is good to go. So it’s mandatory for Indian passport holders who are applying for a Schengen visa to fulfill all the requirements.
For a Schengen visa from India, travel insurance must meet these requirements:
The sum insured under your Schengen travel insurance must be at least 30,000 euros. (equivalent to ₹27,16,800 as of Aug 2023)
There should be travel health insurance for Schengen to cover medical emergencies, accident-related hospitalization, and medical repatriation costs.
The coverage should be provided in all member states of the Schengen area.
If you would want to spend less time buying travel insurance and more time packing your bags then the easiest way is to purchase from a certified provider like Acko, a leading brand for travel insurance.
To get Schengen travel insurance from ACKO, follow these five steps:
1. Go to ACKO's website and click on "Travel."
2. Pick your travel destination, and tell us when you're going and who's going with you.
3. Choose the coverage you want.
4. Give us your personal information and your travel companions' information.
5. You'll get a quote right away. Pay online to get your coverage right away.
If you're looking for uncomplicated and easily accessible insurance then Acko is the right choice. As a certified digital insurance provider, we offer a variety of products that follow IRDAI regulations. When it comes to travel insurance, we can help you obtain it quickly and efficiently. Here are some ways we can assist you:
Acko is an online-only insurer, which means you can buy, claim and manage your policy entirely online. This can be convenient if you want to avoid visiting a physical insurance office or speaking to a sales agent in person.
You get the best insurance options with great coverage at a reasonable price.
‘’Service is what life is all about’’ and we firmly believe that. Which is why we offer 24/7 support for all your insurance needs so, you can travel with ease and without any concerns.
Rest assured that you won't have to worry about paying anything out of your pocket. Acko has got you covered for all your medical treatment and emergency assistance costs while you travel.
With so many countries to choose from, the possibilities for your next adventure appear limitless. You simply concentrate on making plans for your next dream vacation.
In case you test positive for COVID-19 during your travel period, we cover COVID-19 hospitalization in our travel plans. Stay safe!
We understand that even the smallest of health concerns can cause big troubles, which is why our travel insurance plan includes financial coverage for potential medical emergencies, including COVID-19.
No one likes flight or baggage delays while traveling. It can cause financial loss, especially if you are on strict timelines and have prepaid bookings. Acko’s travel insurance plan will get you monetary compensation in such inconvenient situations.
Rescheduled plans are better than canceled ones. Here “We” are to cover “Your” expenses on rescheduling as well as provide coverage for cases where plans are canceled altogether.
It's never a good feeling to come back from a trip and find out that your home has been burglarized. But the good news is, you can buy a cheap travel insurance plan that includes home insurance coverage to protect yourself against such situations financially.
Mistakes can happen, and that's okay! Acko's Endorsement feature allows you to make corrections on specific options, giving you more freedom to tailor your choices.
Wondering about travel insurance cost? Nowadays, foreign travel insurance is available at reasonable charges. At ACKO, we provide basic travel plans for only Rs. 49 for a five-day term, which is equivalent to approximately Rs. 10 per travel day.
If you're planning a trip to certain countries like the United Arab Emirates (UAE) or the Schengen region, you might need travel insurance as a mandatory requirement. With ACKO's travel insurance, you can easily meet this requirement and enjoy a stress-free trip.
Whenever you plan a trip outside the country, a suitable insurance plan will financially safeguard you in unfortunate scenarios. This gives a sense of security and mental peace while travelling.
What is covered?
What is not covered?
The following are the situations usually covered under travel insurance for Schengen from India.
The following travel-related circumstances are covered under your ACKO travel insurance for Schengen.
Return of Minor Child to the city of residence in case of the insured person's hospitalization.
Family member’s compassionate visit in case of the insured person’s hospitalization.
Monetary loss for transportation, including medical care, for the insured person during the travel period.
Monetary loss after a flight delay or cancellation.
Monetary loss if you reschedule or cancel your trip.
Monetary loss after the misplacement or delay of the checked-in baggage/sports equipment.
Total Loss/Partial Loss of Checked-in Baggage.
Personal liabilities concerning third-party harm, death, and/or property damage.
Unrecoverable costs related to the loss of passport or travel funds.
Monetary loss in the event of a paid booking bouncing during travel.
Monetary loss brought on due to the insured person’s pet's injury.
Our policy will offer financial coverage in these legal situations.
Monetary loss brought on by an extended stay following an injury, illness, or hospitalization.
Your travel insurance through ACKO will provide coverage for these medical issues.
An accidental injury that requires hospitalization or daycare.
A medical emergency that requires hospitalization or daycare.
Emergency medical treatment for life-threatening conditions from pre-existing diseases.
OPD medical expenses due to injuries or illnesses.
Adventure sports-related injuries requiring hospitalization.
Permanent total disability/Permanent partial disability caused by an accident during the travel period.
Accidental death of the insured person during the travel period.
Coverage for transporting remains in case of death during travel due to injury or illness during the travel period.
COVID-19 quarantine resulted 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.
The following travel-related circumstances disqualify you from receiving financial aid under your ACKO travel insurance for Schengen.
If a valid visa is not present when you enter Schengen country.
Overstaying your stay in the Schengen country than the validity of your visa.
If the sole purpose of your trip to the Schengen country is to receive medical attention.
Traveling to the Schengen country when you’re not medically fit.
Our policy may not offer financial coverage in these legal situations.
Loss, damage, or injury due to self-inflicted harm, suicide, etc.
Loss, damage, or injury when you are under the influence of alcohol or some other intoxicating substance.
Loss, damage, or injury during a criminal act.
Loss, damage, or injury during a hazardous activity.
Your travel insurance through ACKO does not provide coverage for these medical issues.
Medical complications associated with pregnancy or pre-existing disease.
If a close relative prepares the disability report used to substantiate a claim.
The following section will help you prepare for a Schengen trip.
Here’s a list highlighting the 26 Schengen countries.
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
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.
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.