There are numerous companies in the market providing a variety of travel insurance policies tailored to travellers' needs. Before selecting a policy, travellers should determine the maximum coverage they require, set a budget, and compare offerings from different companies to find the best fit. It's also crucial for travellers to ensure that the insurance provider is licensed and approved by Schengen embassies and consulates to avoid any last-minute issues.
Among the top licensed companies offering excellent travel insurance policies are Europ Assistance, Mutuaide, Allianz Travel, and AXA. Each of these companies provides various policies based on travellers' specific needs and budgets.
Europ Assistance
Europ Assistance provides Schengen and Schengen Plus travel insurance policies, both with a €0 deductible.
The Europ Assistance Schengen policy covers trips throughout the entire Schengen Area, offering assistance up to €30,000 for illness or injury, with prices starting at just €3 per day.
The Europ Assistance Schengen Plus policy extends coverage to both the Schengen Area and EU countries, providing up to €60,000 in assistance for illness or injury. This policy starts at approximately €5 per day and also covers return and lodging expenses for a companion.
Mutuaide Basic
Mutuaide Basic provides worldwide coverage, with medical expenses abroad covered up to €30,000. Ideal for sports enthusiasts, it includes coverage for search and rescue costs.
Starting at €3 per day for a ten-day trip, this policy has a €0 deductible. However, travellers should note that this policy is only valid for a single trip.
Allianz Travel
Allianz Travel's Allianz Serenity is the ideal travel insurance policy for those worried about lost luggage, as it includes luggage insurance among its benefits.
Allianz Serenity covers medical expenses up to €30,000 and also includes coverage for sports-related search and rescue costs. The policy starts at €7 per day for a seven-day trip. Unlike the previously mentioned policies, Allianz Serenity has a deductible ranging from €30 to €100.
AXA
AXA offers three travel insurance policies: AXA Silver, AXA Gold, and AXA Platinum, each with a deductible ranging from €30 to €50.
AXA Silver, starting at €4.50 per day for a seven-day trip, covers medical expenses up to €30,000 abroad.
AXA Gold covers medical expenses up to €50,000 and includes coverage for the Schengen Area, French overseas territories, Cyprus, Ireland, and the UK. This policy costs €6.35 per day and also covers air ticket cancellation, luggage insurance, sports-related search and rescue, as well as terrorism and COVID-19 costs.
AXA Platinum provides the highest coverage, up to €100,000, and covers the same regions and expenses as AXA Gold. It is designed for those seeking longer-term travel insurance, with prices starting at €3.75 per day for a 12-day trip.