Pursuant to Regulation (EC) No 810/2009 (Article 15) of the European Parliament and of the Council of 13 July 2009”, which entered into force on April 5 of 2010, applicants must purchase a travel insurance product before they apply for a travel visa. Purchasing adequate travel insurance is one of the requirements of the Schengen visa.
The requirements for Schengen travel insurance:
- The travel insurance should include medical evacuation / repatriation. The minimum coverage shall be EUR 30,000 (denominated in Euros).
- The insurance company must have a representative office in European Union countries and
- The insurance must be valid for duration of stay in the Schengen countries.