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The €30,000 rule, explained

Every Schengen file needs travel medical insurance, and a policy that misses one condition gets rejected at the counter. Here is exactly what the rule requires, the official list of approved Indian insurers, and how to read a policy before you pay.

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€30k

The minimum, set by the Schengen Visa Code. Not a suggestion, not per-country, not negotiable. It is the floor of medical coverage your policy must provide for the visa to be granted. Most files that fail on insurance don't fail on the amount, they fail on one of the other three conditions below.

The four conditions

All four, not just the number.

01 · Amount

At least €30,000

Minimum medical coverage. Many Indian policies quote in USD; aim for USD 50,000 or more to clear €30,000 comfortably with currency movement.

02 · Scope

Medical, hospitalisation, repatriation

Must cover emergency treatment, hospital admission, and medical repatriation (being brought home, or the cost of returning remains). A pure trip-cancellation policy does not qualify.

03 · Geography

Valid in all Schengen states

The certificate must say it covers the entire Schengen Area, not only the country you're applying to. "Worldwide excluding…" wording is where people get caught.

04 · Duration

Your full stay

Cover every day from entry to exit. Dates must match or exceed your travel dates. A one-day gap at either end can sink the file.

The official list

Buy only from an approved insurer.

Schengen states apply a common list of approved Indian travel insurance companies. A policy that meets all four conditions but comes from a company not on the list still means starting over. The current list includes, among others S1:

This list changes. Always confirm your chosen insurer appears on the current official list at S1 before buying. Some consulates (notably Switzerland) publish their own narrower list, so also check the country checklist you're applying under.

Before you pay

Read the certificate, not the ad.

Whatever you buy, open the policy certificate (the PDF, not the marketing page) and confirm each line is actually printed on it:

Medical coverage stated as at least €30,000 or USD 50,000+
The words "Schengen" or "entire Schengen Area" appear, or all member states are listed
Medical repatriation and hospitalisation are named inclusions, not exclusions
Policy start and end dates cover every day of your trip
Your name and passport number are correct
The insurer is on the approved list above
If you're skiing or doing adventure activities, check whether winter or adventure sports are covered; many policies exclude them by default and that gap, while not a visa problem, leaves you unprotected and inconsistent with a stated ski itinerary.
What it costs

Premium ranges from India, 2026.

For a healthy adult under 60, a compliant €30,000 policy is cheap relative to the trip. Figures below are typical starting ranges and need verification against each insurer's live quote S2.

Trip lengthAdult under 60Note
1 week~₹400 to 800Single-trip, basic compliant plan.
2 weeks~₹600 to 1,300The most common tourist case.
30 days~₹1,000 to 2,200Premium rises with duration, not linearly.
Frequent flyer~₹3,500 to 6,000/yrAnnual multi-trip, 30/45/90-day per-trip caps. Cheaper if you go more than twice a year.

Over 60, or with pre-existing conditions, premiums climb and some plans add medical questions. Buy early so you have time to switch if a quote comes back high.

Where to buy

Compliant providers.

Disclosure: some links below are affiliate links. If you buy through them, VisaFile may earn a small commission at no extra cost to you. It does not change the price you pay, and we only list insurers on the official Schengen-approved list. Always verify the policy meets all four conditions before purchasing.
InsurerOften noted for
Tata AIG
from ~₹26/day*
Low premiums; some plans include adventure sports without an add-on.Link soon
ICICI LombardLow premiums; app-based claim initiation.Link soon
Bajaj AllianzFlexible age limits; good fit for travellers over 60.Link soon
HDFC ERGOExtensive medical cover; 24/7 assistance; annual multi-trip options.Link soon
Reliance GeneralSchengen-specific plans, medical plus cancellation.Link soon

*Starting figures cited by the insurer for a young adult; your quote depends on age, duration and plan. We don't rank these as "best", the right pick depends on your age, trip and budget. Verify on the insurer's own site.

One money-saver

Buy before, but check the refund.

You must submit a policy with your application, so you buy before you know the outcome. Most approved insurers refund the premium if your visa is refused and you did not travel, as long as you cancel per their terms (often with passport copies proving no travel). Confirm this refund-on-refusal condition is in writing before buying, and you carry almost no risk on the insurance line even if the visa doesn't come through.

Official sources

Verify everything here yourself.

  1. S1, approved list of Indian travel insurance companies applied by the Schengen states, published via VFS Global one-pagers, e.g. the official approved-insurer PDF. Also check the specific consulate's page, since some (Switzerland) maintain a narrower list.
  2. S2, the insurers' own quote pages for current premiums and certificate wording: Tata AIG, ICICI Lombard, Bajaj Allianz, HDFC ERGO, Reliance General. Premiums and plan terms change; the live quote is the truth.
  3. S3, your country checklist on VisaFile, which links the consulate insurance guidance for the country you're applying under: all checklists.

Last verified: NOT YET. A human checks the approved list and figures against these sources before this page carries the verified stamp. Spotted an outdated detail? Email us: contact coming soon.

FAQ

Insurance quick answers.

What exactly must the €30,000 cover?

Medical emergencies, hospitalisation and medical repatriation, valid across all Schengen states, for your entire stay. All four conditions together. A trip-cancellation-only policy, or one that excludes some Schengen countries, does not qualify.

Does any Indian insurer's policy work?

Only insurers on the official approved list, and for some consulates a narrower country-specific list. Buying from an unlisted company means redoing it. Confirm against S1 and your country checklist before paying.

How much will it cost me?

For a healthy adult under 60, roughly ₹600 to ₹1,300 for two weeks, more with age or duration. Annual multi-trip plans (₹3,500 to 6,000) pay off if you travel more than twice a year.

Before or after the visa decision?

Before, because the policy goes into your application. Most approved insurers refund if the visa is refused and you didn't travel, provided you cancel per their terms. Get that condition in writing first.