SchengenVisaSupport
How Much Does Schengen Travel Insurance Cost? (2026 Price Guide)
The short answer: €15–€35 for a typical 2-week trip if you're under 60. Annual policies for frequent travellers run €80–€200/year. You can get the cheapest Schengen-compliant policy from around €0.80/day.
The embassy requires a minimum of €30,000 in medical emergency and repatriation coverage. That's the legal floor — not what you pay. A compliant policy almost always costs far less than people expect.
Schengen Travel Insurance Price by Trip Length
These are typical prices for a healthy traveller aged under 60, based on 2026 market rates:
| Trip Length | Budget (EKTA) | Mid-range (AXA, Allianz) | Comprehensive |
|---|---|---|---|
| 5–7 days | €6–€12 | €15–€25 | €25–€45 |
| 8–14 days | €11–€20 | €20–€35 | €35–€65 |
| 15–21 days | €15–€28 | €28–€50 | €50–€90 |
| 22–31 days | €20–€38 | €35–€65 | €65–€110 |
| Annual multi-trip | — | €80–€130 | €130–€200 |
Prices indicative for travellers aged 18–59. Actual quotes depend on exact dates, nationality, and provider.
How Much Does €30,000 Schengen Coverage Cost?
Important clarification: The €30,000 is the minimum medical coverage amount your policy must provide — it is not the price you pay.
You're buying insurance against up to €30,000 in medical costs. The premium you pay for that coverage is typically €10–€30 for a 2-week trip. Most Schengen-compliant policies default to €30,000 or higher (some offer €50,000+) at no extra cost.
If a policy quotes €30,000 coverage but charges €200+, it likely includes extensive extras (trip cancellation, baggage, etc.) you don't need for the visa. For visa purposes, you need the medical + repatriation portion only.
Cheapest Schengen Travel Insurance Options (2026)
These providers consistently offer the lowest prices while meeting all embassy requirements:
EKTA Traveling
Schengen-specialist insurer. Instant PDF certificate with correct wording. €30,000+ medical + repatriation included as standard. Refund if visa refused. Best for budget-conscious applicants who just need a compliant certificate.
Get EKTA quote →Insubuy
US-focused marketplace that compares multiple Schengen-compliant plans. Helpful if you're applying from the USA and want to compare 5–6 options side-by-side. Prices in USD with easy US card payment.
Compare on Insubuy →VisitorsCoverage
Comprehensive travel insurance marketplace with strong Schengen-compliant options. Good for applicants who want broader coverage (trip cancellation, baggage, emergency evacuation) alongside the mandatory medical cover. Easy to compare plans side-by-side.
Get VisitorsCoverage quote →AXA Schengen
Major insurer that embassies and VFS staff recognise on sight. Slightly more expensive than EKTA but never questioned. Good choice if you're applying to a stricter consulate (France, Netherlands, Germany) and want zero paperwork risk.
Price by Traveller Age
Age has the biggest impact on Schengen insurance price after trip length:
| Age Group | Price Multiplier | Estimated 2-Week Cost |
|---|---|---|
| Under 40 | 1× (base) | €12–€30 |
| 40–59 | 1.2–1.5× | €15–€40 |
| 60–69 | 1.8–2.5× | €25–€70 |
| 70–79 | 3–5× | €50–€150 |
| 80+ | 5× or declined | €100–€200+ or specialist only |
For travellers aged 65+, compare AXA Schengen, Allianz, and World Nomads specifically — they have better senior pricing than budget-only providers.
Annual Schengen Travel Insurance — Is It Worth It?
Annual multi-trip policies cost €80–€200/year and cover all your Schengen trips for 12 months. They're worth it when:
- You make 3+ Schengen trips per year (break-even vs single-trip pricing)
- You hold a multiple entry Schengen visa and travel regularly
- You want to avoid buying insurance per-trip every time
Key check: Annual policies typically cap each individual trip at 31 or 45 days. If any single trip is longer, you still need a separate single-trip policy for that visit.
→ How to qualify for a multiple entry Schengen visa
What Affects the Price?
In order of impact:
- Trip duration — longer trips cost more (linear relationship)
- Your age — biggest variable; premium rises sharply after 60
- Coverage level — €30,000 medical-only vs. comprehensive (trip cancellation, baggage, etc.)
- Pre-existing conditions — adding cover for pre-existing conditions adds 20–80% to the premium
- Provider — specialist Schengen insurers (EKTA, AXA Schengen) are cheaper than general travel insurers for visa-purposes policies
What the Embassy Requires (Cost vs Coverage Minimum)
The only requirements that affect visa acceptance:
- ✅ Minimum €30,000 medical emergency coverage
- ✅ Valid for the entire Schengen Area
- ✅ Covers your full travel dates
- ✅ Includes repatriation
- ✅ Certificate from an authorised insurer
Everything else (trip cancellation, baggage, delayed flights) is optional for visa purposes and drives price up. Buy the minimum you need unless you want comprehensive cover for personal reasons.
Complete your visa file
Travel insurance is one mandatory document. Embassies cross-check it against your hotel bookings and flight itinerary — make sure the dates match across all three.
Most Questions Asked by Visa Applicants
How much does Schengen travel insurance cost for a 2-week trip?
€15–€35 for most travellers under 60. Budget providers like EKTA start from around €0.80/day (~€11–12 for 2 weeks). Mid-range providers (AXA, Allianz) run €20–€35 for the same trip. Prices rise with age.
What does "€30,000 travel insurance" cost in India / for Indian applicants?
Indian applicants typically pay ₹800–₹2,500 (€8–€28) for a 2-week Schengen policy. EU-based providers like EKTA and IATI accept Indian cards and price in euros; the rupee equivalent varies with the exchange rate. Indian domestic insurers (HDFC ERGO, Bajaj Allianz) also offer Schengen policies, often in the ₹600–₹1,500 range, but verify the certificate wording matches embassy requirements. See our full India travel insurance guide.
Is cheaper Schengen travel insurance accepted by embassies?
Yes — embassies check the coverage amount and certificate content, not how much you paid. A €12 EKTA policy that states €30,000 medical cover, full Schengen Area validity, and repatriation is just as valid as a €40 AXA policy. What matters is the certificate content, not the premium.
Can I get Schengen travel insurance for under €10?
Possible for very short trips (3–5 days) with budget providers. EKTA at €0.80/day comes to ~€4–6 for a 5-day trip. But don't sacrifice the required coverage elements to save €5 — a rejected application costs far more in rebooking and reapplication fees.
Do I get a refund on travel insurance if my Schengen visa is rejected?
Most Schengen-specialist insurers (EKTA, AXA Schengen, Insubuy providers) offer a refund if the visa is refused, provided the policy hasn't started. Always check the refund clause before purchasing — and keep your visa refusal notice as proof.
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