What is Travel Insurance and is it worth it for Schengen Visa?

 

Travel insurance covers the cost of unforeseen events and mishaps that either stop you from going on holiday or affect you while you are away.

Depending on the policy, travel insurance might cover you for:

•        Medical bills if you suffer illness or have an accident while you are away

•        Cancellation of your trip for reasons outside of your control

•        Lost or stolen baggage

Policies are usually relatively inexpensive and can give you the peace of mind that your costs will be covered if something bad happens while you are on holiday.

Travel insurance will not stop bad things from happening, but it can prevent you from having to find the money to pay for unexpected costs even after you return from your holiday.

Is travel insurance worth it?

Most people who buy travel insurance will not ever have to claim on their policy. However, it should give you peace of mind that you will likely be covered financially if something bad happens on holiday. Most policies are not very expensive, so it is usually worth paying the premium just to have some financial protection.

Consider if you or a loved one had a serious accident while on holiday: medical bills could run into tens of thousands of pounds, so you have to weigh up the cost of the policy versus the risk of being stuck with the medical bills yourself.

If you have booked an expensive holiday, you might want the reassurance that you will get your money back if you cannot go for reasons outside of your control.

Even though travel health insurance is worth having for all travellers to Europe, not everyone is required to have it. A travel insurance policy is a mandatory requirement only for travellers applying for a Schengen visa. This group of travellers is always required to have the needed coverage for the entire period of their stay in Europe, regardless if they go there for business, tourism, studying, holidays, or other reasons.

We always recommend looking into a travel insurance policy as soon as you book a trip.

We recommend Schengen Visa Itinerary where you can get support for most of your visa requirements such as Travel Insurance, flight itineraries and hotel reservations along with free consultation over email. Its services are cheap and genuine, and many people claim it has helped them a lot.