Choose Right Insurance Plan as Stated By Schengen Visa Requirements

The Schengen convention has laid out some rules regarding Schengen travel insurance policy that is a major prerequisite for Schengen visa. First of all, at the time the applicable embassy is issuing the Schengen visa to the applicant, he or she is required to present the original accompanied by one copy of the policy. The expenses for the medical care, in case of accident or illness, and transportation of the ill or injured visa holder and repatriation of the body, in case of death must be covered by the insurer who must necessarily have a representative office in Europe up to the least amount of 30 000 Euros. Next, the insurance cover must hold validity in all the 26 Schengen countries in Europe that must be mentioned on the policy cover. This implies, even if the visa applicant intends to travel to Estonia and buys the Estonia travel insurance plan; the plan must be valid in the entire Schengen area. The policy duration must be match with the visa duration, that is, from the time of arrival in the Schengen land until the expiry of the visa period.

Apart from these issued conditions, it is advised that the insurance company from which the traveler purchases the insurance product, must be re-insured and he or she must know the name of the re-insurer and have its number listed on the policy. Moreover, the cashless settlements of the claims should be possible and the contact details of company that takes care of such claims must be specified on the policy.

If you do not want to take any sort of financial risk, then you can go for the comprehensive Luxembourg visa insurance policy. In case budget is limited, you can choose the low-cost plan.