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Travel insurance is a plan you purchase that protects you from certain financial risks and covers your medical expenses in case of an injury or unexpected sickness arises during your trip. These losses can be minor, like a delayed suitcase, or significant, as a lastminute trip cancellation o

WHO NEED TO GET/ BUY THE INSURANCE?
Any travelers applying for a SCHENGEN VISA is required to have a Travel/Health Insurance. They're required to have the needed coverage for the entire period of their stay in Europe, regardless if they go there for business, tourism, studying, holidays, or for other reasons.

What are the Schengen Visa Insurance Requirements?
Medical insurance for Schengen visa must meet the following criteria:

1. Insurance should have Minimum coverage of at least 30,000 EUR
2. You Insurance should cover all member states of the Schengen Area.
3. The insurance should cover any expenses which might arise in connection with repatriation for medical reasons, urgent health attention and/or emergency hospital treatment or death.

*Where can I buy my health insurance?
Make sure the company you choose is licensed and accepted in the Schengen country you are planning to travel to.

*How much does Schengen Travel Insurance cost?
The cost of Schengen visa insurance varies from company to company.
Most of the insurance provider, also cancel it free of charge, if you present proof that your visa has been rejected.


List of Schengen recommended insurance companies in the
Philippines
1. ACE Insurance Philippines
2. Chartis Philippines Insurance, Inc.
3. AssistCard
4. Blue Cross
5. BPI – MS Insurance Corporation
6. Fortune General Ins. Corp
7. MAA Insurance
8. Malayan Inssurance Company, Inc.
9. MAPFRE Insular Insurance Corporation
10. Paramount Life and General Insurance Co
11. PNB General Insurers Co., Inc.
12. Standard Insurance Co.
13. UCPB General Insurance Co. Inc.
14. WorldWide Travel Insurance Plans
15. Everest International Group Administrators Inc.
16. FPG Insurance Co., Inc (FomerlyFederal Phoenix Assurance Co., Inc.)
17. Philippine British Assurance Co., Inc.
18. Starr International Insurance Philippines
19. Oriental Assurance Corporation
20. Philippines First Insurance Company
21. Pioneer Insurance Company
22. Liberty Insurance Corporation
23. QBE Seaboard Insurance Philippines, Inc.
24. Reliance Surety&Insurance Co. Inc.
25. Prudential Guarantee and Assurance, Inc
26. The Mercantile Insurance Co., Inc
27. Asianlife and General Assurance Corporation
28. AXA Charter Ping An Ins. Corp
29. CHUBB.
30. PGA Sompo Insurance Corporation
31. 1CISP Life and General Insurance

Source:
https://www.vfsglobal.com/Germany/Phi...

https://www.schengenvisainfo.com/sche...