The Schengen area in Europe is where 29 countries have agreed to remove all internal border controls and permit free movement of people. It functions as a single jurisdiction with a standard visa policy toward international travel. This is an excellent arrangement for people who wish to travel across Europe. Or at least some of the most popular tourist attractions there, including Paris, Rome, Munich, and Madrid.
However, the visa for Schengen comes with equally strict rules and complicated processes. One of the many aspects of this visa process is the travel insurance for Schengen. If you know anything about a Schengen travel insurance, you might have heard about the 30000 euro travel insurance. If you haven’t, in this blog, we break down 30,000 euro travel insurance for a Schengen visa and everything it includes.
What is 30,000 euro travel insurance for a Schengen visa?
The 30,000 Euro travel insurance for a Schengen visa is a mandatory health insurance policy. It primarily includes medical and repatriation costs that you may require while travelling in the Schengen Area. The Schengen Visa Code states that all applicants must provide evidence of sufficient medical coverage in case they are granted a visa.
- It should be acceptable in all Schengen countries.
- It should cover the medical care expenses, which are up to or more than €30,000.
- It should include provisions for emergency medical evacuation and the repatriation of the insured person’s remains.
- It remains valid throughout your stay.
What Constitutes €30,000 Medical Travel Insurance?
Schengen travel insurance meeting the €30,000 coverage is designed to provide adequate protection for international trips. Some of the benefits include:
- Urgent Medical Care: It includes the costs of services provided due to any accident or disease caught while travelling, including hospitalisations, visits to clinics and prescribed medicines.
- Medical Transport: Covers the cost of medical transport, in case of a transfer to a bigger medical facility within and outside the host country.
- Repatriation of Remains: This coverage guarantees the transportation of the mortal remains to the traveller’s home country in unfortunate events such as the traveller’s death.
- 24/7 Support Line: A few policies include multilingual hotline assistance to help travellers find hospitals or organise care.
Why is the Coverage 30,000 Euros?
In Europe, medical services are expensive. A brief hospitalisation or a minor surgical procedure may lead to expenses amounting to thousands of Euros. A €30,000 limit has been set to ensure that travellers have sufficient funds in case of any major medical complications, thus avoiding straining the medical systems in Europe.
It is a mandatory requirement under European Union (EU) rules. Any insurance plan providing coverage below the €30,000 limit may result in the denial of a visa, regardless of the other documents.
How to Choose an Appropriate Insurance for the Schengen Area
The following is a brief checklist to assist you in choosing the correct international travel insurance coverage for your Schengen visa application:
- Make sure the insurance provides coverage of €30,000, including emergency medical and repatriation.
- The insurance clearly states that it is valid in the Schengen Area and not just in certain European countries.
- The policy should remain effective from the day you enter the Schengen area until the day you leave, with a few extra days for a buffer.
- Check that the policy has a certificate or a visa letter showing the coverage and terms and conditions.
- Opt for a provider with good reviews, a claim settlement ratio (95% or above), and 24-hour support for claims worldwide.
Conclusion
The €30,000 travel insurance for a Schengen visa is your safety net and compliance with the EU law and order. A crucial document for visa approval, it protects you from any financial drain due to health issues while travelling.
If you’re taking a trip to Europe any time soon, then think of travel insurance as something more than an afterthought. This little cautionary step will help you get a much easier visa approval and, most importantly, peaceful travel.
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