How much should I budget for mandatory travel insurance?

For a Schengen visa, travel insurance is mandatory, and you should budget between SGD 15 to SGD 80 depending on your trip length, age, and insurer. Here’s how to estimate your cost 👇 🛡️ 1. Minimum insurance requirements (set by EU) Your insurance must include: • Minimum €30,000 medical coverage • Coverage across all Schengen countries • Repatriation coverage (medical evacuation) • Valid for your entire travel period ALL Schengen embassies require this — no exceptions. 💵 2. Typical cost for Singapore travellers Short trips (3–5 days) Budget: SGD 15–30 One-week trip Budget: SGD 25–40 Two-week trip Budget: SGD 30–55 One-month trip Budget: SGD 50–80 If you're older than 70, costs may be higher. 💼 3. Insurance for long stays (up to 90 days) For longer trips, expect: • SGD 60–120 depending on coverage. • Optional add-ons: flight delays, baggage loss, adventure cover, etc. These add-ons are not required for visa approval — only medical and repatriation. 🛫 4. For ETIAS travellers (once ETIAS begins) Travel insurance is still recommended, but not mandatory for visa-exempt travellers. However, most travellers prefer to have it for peace of mind. 💡 Outbound Singapore Tip We always recommend choosing an insurer that: • Provides instant digital certificates • Clearly states “Schengen-compliant” • Covers all 29 Schengen countries • Offers fast claims support We also help clients check if their insurance meets embassy standards, so your visa is never rejected due to inadequate coverage.