Searching or asking for a question of one of a kind like this is just like asking a person to roam around without having a name. Of course not. Travel insurance for Schengen visa application is an essential document requiring further processing of your visa application. You must submit the dummy travel insurance for Schengen visa with other vital documents like a flight itinerary, cover letter, dummy hotel booking and passport etc. 

If you need to apply for a Schengen visa, you must have dummy travel insurance for Schengen visa. If you don't have a legal insurance policy, the Embassy or the visa officer will automatically turn down your visa application.

If you plan to travel to the Schengen area, it is good to apply for one to remain on the safer side!

Travel Insurance For Schengen Visa Requirements

As travel insurance for Schengen visa is an important document without which the application is incomplete. It must comprise of the following:

• It should pay at least €30,000 for medical bills and transportation costs in an emergency.

  
  

• It should work in all 27 countries in the Schengen Zone.

• It should work for the whole time you're in Europe.

2023 Updates About Travel Insurance For Schengen Visa

Travel insurance for Schengen might only cost €1 per day per person. Most of the time, Schengen insurance isn't too expensive if we compare it to the cost of the whole trip. Depending on the policy, a one-week trip generally costs between €20 and €50. Whereas, the price of your trip insurance is mainly based on three things:

• Your age. 

As you age, the cost of the insurance plan goes up. For example, older people (especially those over 60) must pay more than younger people for the same insurance plan.

• How long is your trip going to last?

Most of the time, insurance companies figure out the cost of a contract every day. So, the longer you plan to stay in Schengen, the more you will have to pay.

• The better the plan you choose, the more good coverage it offers. 

You usually have two or three plans, no matter which insurance company you choose. So, the basic plan that covers up to €30,000 in health care costs will be less expensive than the one that covers up to €100,000 or more.

Apart from travel insurance policy, the other mandatory documents are as follows:

Form for visa applications

Forms for visa applications must be completed and signed in full. Applicants can apply from an online portal without having the need to visit the consulate or visa officer, unless they call you for any purpose.Two recent photographs must be attached. According to the visa photo requirements, both photographs must be taken within the last three months.

A valid passport:

A valid passport that is less than ten years old and is valid for at least three months after your planned departure date from the Schengen area must be presented—previously issued passports with visas (if you have any).

Itinerary or reservation for a round trip

It must include entry and exit dates and flight numbers from the Schengen territory.

Travel insurance for Schengen visa application A document proving that you have travel health insurance for the entire Schengen area, with a minimum coverage of 30,000 euros for any medical emergency, including illness, accident, and repatriation in the event of death.

Accommodation documentation

A document indicating where you will stay during your Schengen visit. A hotel or motel that enters into a lease agreement.

Proof of sufficient funds You have sufficient funds to sustain yourself throughout your Schengen stay. It is one of the following options:

A bank account statement demonstrating that you have sufficient funds for the excursion. A three-month-old sponsorship letter from a third party confirms that they will financially support your Schengen travel. This letter must be accompanied by a bank statement of the sponsor that is at most three months old and a sponsorship letter for it to be valid.

Evidence of visa fee

It is necessary to pay a visa fee of EUR 80 (USD 88) for adults approximately and EUR 40 (USD 44) for minors aged 6 to 12.

Cover Letter It must clearly indicate that the applicant is responsible and has made arrangements for the trip. It must be free from ambiguity. Whatever the applicant mentions in the cover letter must be relevant to the visa application and must not repeat anything. 

Having all of these documents attached with travel insurance for visa, you can get your visa within less time!