Is there any positive effect of having travel insurance on a visa application?
Having travel insurance can positively affect a visa application, although its influence is often indirect. Although travel insurance does not guarantee visa approval, it can strengthen the overall application in several meaningful ways: 1. Fulfills Mandatory Requirements • For many destinations, particularly Schengen countries, valid travel insurance is a mandatory component of the visa application process. • It must typically cover medical emergencies, hospitalization, and repatriation, with a minimum coverage amount of €30,000 for Schengen visas. • Meeting this requirement demonstrates compliance with official entry conditions. 2. Shows Financial Preparedness • Travel insurance indicates financial responsibility and preparedness for unexpected situations such as illness, accidents, or travel disruptions. • This reassures visa officers that the applicant will not become a financial liability during their stay abroad. 3. Enhan...