Planning a trip to Europe? Whether you are traveling for business or pleasure, travel insurance is necessary for getting your Schengen visa. This is because these countries require proof of sufficient medical coverage at the time of visa application.
Apart from being prerequisite for visa application, travel insurance is also a necessity for travelers especially if they need to cope with the expensive medical treatment abroad and also deal with the numerous high costs that might pop up while traveling. With overseas travel insurance, you are protected against risks such as loss of baggage, trip cancellation, personal accident, loss of passport, etc.
Benefits for Schengen Travel Insurance
Financial Recovery for Medical Expenses
Accidents and illnesses can happen any time. If you fall sick on your https://dailyfordlamdong.co/ trip abroad or have an accident that might require hospitalization, then your travel insurance is there to take care of the costly medical treatments in Schengen countries. With travel medical insurance, they can get reimbursement for medical expenses. This includes emergency surgery, diagnostic tests and medical aid suggested by the physician abroad. Additionally, travel insurance also covers personal accident However, you should keep in mind the exclusions of the travel insurance policy. For example: many travel insurance plans do not cover pre-existing medical conditions.
Protection against Trip Cancellation
One of the most important benefits of Schengen Travel insurance is that you get protection against trip cancellation or curtailment. There are many unexpected circumstances that can lead to your travel being cut short. In such as case, you can lose a substantial amount of money. Travel insurance provides compensation for these losses.