What factors determine the cost of Schengen travel insurance?

Schengen insurance is a mandatory travel insurance policy required for individuals applying for a Schengen visa. It must meet specific requirements, including a minimum coverage of €30,000 for medical emergencies and repatriation. The cost of Schengen insurance can vary based on several key factors: 1. Duration of Travel The longer your stay in the Schengen Area, the higher the premium. Insurance is typically priced per day, week, or month. 2. Traveler’s Age Older travelers (especially those over 60 or 70) often face higher premiums due to increased health risks. 3. Coverage Amount and Type Policies that offer broader coverage (e.g., trip cancellation, personal liability, or theft protection in addition to medical expenses) tend to cost more. Some policies also offer zero-deductible options at a higher price. 4. Health Condition of the Traveler Pre-existing medical conditions may either raise the cost or be excluded unless specifically covered with an additional premi...