Schengen Travel Insurance Covering Expenses Incurred on Unexpected Tragedies

In case, any emergency arise, there is an accident or a serious illness while you are on an overseas trip, you will have to incur all the expenses that are required for undertaking the medical treatment if you have not got travel insurance for the trip. Even if you are medically insured in your home country, then also the liability of discharging the medical expenses lies upon your shoulder. This is why travel insurance is as indispensable as is your passport or travel tickets, no matter what is your travel destination.

Travel insurance is a type of insurance that covers the holder of the policy for the insurable situations that takes place before or during travel like trip interruption/cancellation, theft or loss of baggage, medical expenses for illness or injury, and more. The cost of Schengen travel insurance depends on several parameters of type of insurance cover, travel destination, length of the stay, age of the insured and pre-existing medical conditions. Since there are a vast range of travel insurance policies available in the market, you need to carefully choose a policy according to your travel plans and circumstances.

If you are among those people who are making plans to travel to Europe for business-related or leisure-related purposes, in particular, in those parts of Europe that follow the rules of Schengen Treaty, it is necessary to acquire a Schengen Visa. For the Schengen Visa, it is mandatory to get the Schengen travel insurance. It must provide the required medical coverage and repatriation for the entire period of the traveler’s stay in the Schengen territory. In case you are applying for the multi-trip Schengen Visa, you need to present the proof of annual Schengen visa travel insurance plan with adequate medical coverage.