Top 3 Best Europe Travel Insurance For Schengen Visa In 2023

Getting travel insurance is one of the major requirements needed before traveling outside your country. Be it that you're traveling to Schengen States (Europe) or any other country, it is very necessary that you acquire travel insurance because it is one of the criteria that your visa will be granted. However, travel insurance is the first thing to check whether you are going for as a student (studies) or for business purposes.

Of course, everyone must not need the same kind of travel insurance coverage. So in this post, we will be revealing to you the requirements needed for the best Europe Travel Insurance for Schengen visa in 2023

Requirements for Europe Travel Insurance for Schengen Visa:

As we've already pinpointed on paragraph one, you must have travel insurance before your visa is granted in any country. Meanwhile, below are the requirements needed for visa insurance in Schengen States.

• At least, a coverage of €30,000 is needed for medical emergencies/accidents: Medical expenses in Europe doesn't come cheap. Hence, emergency medical coverage happens to be one of the requirements for Schengen visa insurance. It doesn't matter the areas you are traveling to in the Schengen state, your medical fees will be covered should in case you catch an infection or suggest from an injury.
• Repatriation fee coverage in case of medical attention or death: You may fall gravely ill in a remote area or require further medical attention for a serious injury. In such situation, you will need to be transported back to your home country, which can be expensive. However, since you already have coverage for repatriation which means that you won’t have to spend a lot of money just to get back home for treatment because your insurance will cover the transportation fees for you.
• Coverage of all 26 Schengen States that lasts the entire length of your trip: You need to be covered in all 26 Schengen countries even if you’re not planning to visit all of them. Many Schengen visa insurance companies allow you to select “Europe” as your coverage area, which will give you the coverage that you need. However, ensure that you check the fine print of your insurance policy so as to be sure that you don’t have any problems when you apply for your visa.

Cost of Europe Travel Insurance:

The cost of travel insurance to Europe depends on many factors, including your age, your destination, your home country/state (if you live in the US), the length of your trip, and the cost of your trip. Hence, your travel insurance for Schengen visa cost will be based on similar considerations.

Best Europe Travel Insurance For Schengen Visa:

1.) IMG:

Dubbed the best medical travel insurance for Europe, so if you want the best Europe health travel insurance then IMG is a great choice. Their iTravelInsured Travel SE plan offers a high amount of emergency medical, evacuation and repatriation coverage. However, IMG also provides excellent travel-related coverage for trip cancellation and baggage loss.

On the other hand, the iTravelInsured Travel SE plan happens to be affordable and meets all the requirements for Schengen visa insurance. Meanwhile, we have stated below the advantages and disadvantages of using IMG travel insurance company.

Advantages:

• Affordably priced
• High amount of emergency medical and evacuation/repatriation coverage
• Wonderful coverage in cancellation of trips and baggage loss categories
• Meets all of the requirements for Schengen visa insurance.
• Covers for COVID-19.

Disadvantages:

• You can get comparable coverage for a lower price.
• You must file a claim so as to get reimbursed for medical expenses.

2.) Travelex:

For a reliable European holiday insurance and of course, a dependable Schengen visa insurance then you can count on Travelex. Their coverage includes all of Europe, not just the Schengen Area, so it’s ideal for a multi-stop European vacation. Their Select plan offers solid evacuation and repatriation, baggage loss, and trip cancellation coverage. In fact, it meets all Schengen visa insurance requirements.

However, the Select plan’s emergency medical expenses coverage leaves much to be desired since it covers the lowest amount out of all the plans I compared, even though the Select plan is the most expensive. Below are the pros and cons using Travelex

Advantages:

• Meets all of the requirements for Schengen visa insurance.
• COVID-19 coverage
• Good in evacuation and repatriation, baggage loss, and coverage for trip cancellation.

Disadvantages:

• Very expensive plan
• Can get better coverage for a lower price
• You must first file a claim so as to get reimbursed for medical expenses.
• Low emergency medical expenses coverage.

3.) WorldTrips:

This is yet another best travel insurance plans for a Europe trip. Their Preferred plan offers excellent all-around coverage and also the highest amount of evacuation and repatriation coverage.

WorldTrips Preferred plan easily meets Schengen visa insurance requirements since it offers $100,000 of emergency medical coverage, coverage in the Schengen Area, and repatriation coverage.

Advantages:

• Highest amount of evacuation and repatriation coverage
• Good in coverage for emergency medical expenses, baggage loss, and cancellation of trips
• Meets all of the requirements for Schengen visa insurance.
• Coverage for COVID-19.

Disadvantages:

• Not the most affordable plan
• You must file a claim first before you get reimbursed for medical expenses.