Purchasing Travel Insurance For Your Schengen Visa Application


Schengen Visa Travel Insurance

Applying for a Schengen short-stay visa to go to Europe requires valid travel insurance. Travelling abroad has many risks and just like any other day in your life, accidents can happen; you can get sick while on the road so it is always best to be protected.

For a Schengen visa application, travel insurance must be secured through an accredited insurance company that is Schengen-approved, meaning they must conform to the following rules, as per the Czech Republic Embassy of Manila (this is where we lodged our Schengen visa application):
  1. Ensure coverage of costs incurred as a result of medical repatriation, emergency medical and hospital treatment, or death
  2.  Coverage must be at least 30,000 euros
  3. Coverage must be valid in the entire territory of the Schengen area
  4. Cover the entire period of your stay in the Schengen are
Additionally, for applicants seeking a multiple-entry Schengen short-stay visa, it is recommended to submit travel medical insurance according to the set requirements only for the first trip to Europe. For subsequent trips, the applicant is required to sign a statement of understanding which obliges him/her to obtain travel insurance to cover such trips.


Why do I need travel insurance for my Schengen visa application?

The travel insurance will cover any expenses that may arise because of sudden medical conditions or emergencies, hospital treatment, repatriation, trip cancellation or delays, lost baggage, among others, while travelling the Schengen region. Ideally, you should get travel insurance for any domestic or international trip for your security and protection.


Where can I purchase a Schengen visa-compliant travel insurance?


  1. ACE Insurance Philippines
  2. Chartis Philippines Insurance Inc.,
  3. Assist-Card
  4. Blue Cross
  5. BPI-MS Insurance Corporation
  6. Fortune General Insurance Corporation
  7. MAA Insurance
  8. Malayan Insurance Company Inc.,
  9. MAPFRE Insular Insurance Corporation,
  10. Paramount Life and General Insurance Co.,
  11. PNB General Insurers Co. Inc.,
  12. Standard Insurance Co. Inc.,
  13. UCPB General Insurance Co. Inc.,
  14. WorldWide Travel Insurance Plans
  15. Everest International Group Administrators Inc.,
  16. Federal Phoenix Assurance Co. Inc.
Malayan Travel Insurance for Schengen Visa
My Malayan Insurance Travel Master Global Policy for my Schengen Visa Application

For my Schengen visa application, I chose Malayan’s Travel Master. It’s one of the more affordable options and can be easily purchased through the Malayan Online website. Buying Malayan’s Travel Master is straightforward—you just go to their site, register, input your personal and travel details, pay through your credit card or online banking account, and after a few minutes, you’ll receive the policy in your email address.

After registration, select the Travel Master Global (Peso Policy) from their roster of products. You will be asked to provide the following information:
  • Your full name
  •  Address
  •  Contact details: email address and phone number
  • Duration of Coverage: the number of days that you’ll be in the Schengen area. The cost will depend on the duration of coverage
  • Date of Coverage: state the first day of your travel
  • Purpose of Travel: choose business or leisure accordingly
  • Country to visit: Input the Schengen country you’ll be visiting. In cases of multiple countries, simply choose “Europe”
  • Name of Beneficiary
  • Relationship of Beneficiary

Booking.com
Click on “Submit” to be redirected to the payment portal. Credit cards and online banking are the available payment methods. Upon successful payment, you’ll receive the policy through your email address in around 5-20 minutes.

malayan travel master insurance
The payment gateway to purchase the Travel Master Global policy


How much does it cost?  

We chose the 15-day Malayan Travel Master Global Policy which is priced Php1, 100 only. Currently, here’s the price list of Malayan’s Travel Master Global Policy:

DURATION OF COVERAGE
COST
8 days
Php770
15 days
Php1,100
24 days
Php1,540
31 days
Php1,870
45 days
Php2,310
60 days
Php2,860
90 days
Php4,785

There are no in-between duration except for those listed above so logic entails that if you’re staying 12 days, then choose the 15-day policy; if you’re travelling in Europe for 26 days, then avail of the 31-day policy.


Is it refundable?

Please call Malayan Insurance through (02) 628-8-628 for the details, terms, and conditions of your purchased policy.

I printed four copies of the policy—two for the Schengen visa application, a personal printed copy, and one that I left with my sister in case something happens. Make sure that it’s also saved in your email account or mobile device for easy access just in case you’ll need it. 

Overall, I’m satisfied with Malayan’s Travel Master Global Policy—it was Schengen Visa-compliant, affordable, easy to purchase, and has substantial and comprehensive coverage protection for possible medical and travel emergencies and inconveniences. Please note that this is not a sponsored post. I'm just satisfied with my experience in buying Malayan's Travel Master for my Schengen visa application. :) 


Over to you! Have you experienced purchasing travel insurance for any of your trips? What Schengen visa-compliant insurance company would you recommend? Don't forget to leave a comment below! Follow my Eurotrip adventure on InstagramTwitter, and Facebook by searching for the hashtags #GirlChasingSunshine and #Europamore. Thank you for dropping by! :)

17 komento

  1. The UK isn't part of the Schengen agreement - worth remembering if you are booking visas to Europe and think we are included.

    TumugonBurahin
  2. I don't need a Schengen Visa so I would have never known about this. I have had people ask me about it so this is good info. Thanks

    TumugonBurahin
  3. Great information! We had to get insurance for our long-term Schengen visa for France as well. We ended up with GeoBlue and now have IMG.

    TumugonBurahin
  4. These are really helpful information! I would definitely take note of this!

    TumugonBurahin
  5. I'm from Europe myself so I don't need a visa to travel here. However, I have a friend and she's actually planning to travel here soon, so I'll refer her to your article here! It will be very useful for her :)

    TumugonBurahin
  6. Great tips - a lot of countries around the world now are starting to require proof of travel insurance or else they won't let you in. Cuba is one of them. Makes sense, since the local governments were hemorrhaging money covering the medical costs of foreign travelers. Insurance really is a must.

    TumugonBurahin
  7. I had no idea that travel insurance was needed to enter the zone. Now I wonder what the rules would be for the UK which isn't included in the Schengen area... of course, it always makes sense to travel with insurance in any case.

    TumugonBurahin
  8. Did a similar post on the importance of travel insurance. I've had a very personal experience regarding how the lack of it will bite you back up in the ass unexpectedly in the long run. Let's work on encouraging other Filipino travellers to familiarise themselves with the insurance options available to them!

    TumugonBurahin
  9. Thank you!!! Traveling is great but I worry sometimes about these official things becoming a problem. This is super helpful!

    TumugonBurahin
  10. Hi! I just want to ask whether you encountered any problems with using TravelMaster Global as your insurance when applying for a Schengen visa. I got the insurance just now, and I only just noticed that the insurace coverage is only up to 1M PHP, which is less than the required 30,000 EUR :-/

    TumugonBurahin
    Mga Tugon
    1. Hello, ulan! No need to worry. I did not encounter any problems when I submitted it to the Czech Republic Embassy in Manila. :) The insurance is Schengen visa-compliant. :)

      Burahin
  11. Or is the 30,000 EUR requirement referring to the medical coverage...which in the case of the TravelMaster Global is at 2.5M (which exceeds the 30K EUR requirement)? :)

    TumugonBurahin
    Mga Tugon
    1. How long does it takes for them to send the policy through email?

      Burahin
  12. Hi,

    Thanks for you post! It's exactly what I need right now. I'm trying to process all requirements for Schengen Visa personally instead of going through an agency. :)

    Any tips on how to get a confirmed flight without paying for the entire flight cost?

    TumugonBurahin
  13. great info! but Blue Cross is crap tho. wouldnt recommend it.

    TumugonBurahin
  14. Hi,

    I purchased the same insurance that you have posted here (btw, I'm thankful that I came across your blog before purchasing any =]). I received 2 files containing the certificate of insurance and the page you have posted here in your blog. I would just like to ask if you submitted all pages/documents you have received when you applied for your visa. My appointment is on Wednesday, hope it'll go well. :)

    TumugonBurahin
  15. I highly recommend to those applying for Schengen Visa NOT to purchase insurance at TravelMaster by Malayan Insurance.I repeat, NOT to avail this insurance plan. During my first Europe trip, I was instructed by my mother to purchase from Pacific Cross (formerly BlueCross). But for my Europe trip last November, I tried TravelMaster since it was cheaper compared to Bluecross.I had a delayed flight due to an emergency landing and my baggage was left in Singapore (1 of the layovers). Since November I have been in talks thru email w/ Malayan. They required me tons of requirements and you have to persistently do a ff up otherwise, they would not bother to update you. They refused to pay for the delayed flight even this really brought me and my family a great deal of stress and financial problems. As for the delayed baggage,they did approve my claim and informed me to submit an affidavit of loss for the receipts I incurred during 2days of delayed baggage (I wasn't able to keep my receipts).Imagine it was winter time. It took 7mos, 7long mos for them to finally release the cheque. I reported my delayed flight and baggage kast Nov 11 but my cheque was granted May24 and they just informed me of it 1 wk later after daily ff ups. So please try other travel insurance if you do not want to go through the same experience I had dealing w/ Malayan Insurance. PLEASE.

    TumugonBurahin

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