Schengen-Insurance-from-Bangladesh

Schengen Travel Insurance in Bangladesh: Plans & Cost

All travelers from Bangladesh must have a travel insurance policy for visiting the Schengen Area. It is designed to provide financial protection in emergencies, such as medical expenses or repatriation costs.

The minimum coverage amount required by the Schengen Agreement is €30,000 per person. The insurance must include medical expenses and repatriation costs.

What is the Schengen Insurance Requirement?

The Schengen member states require a mandatory insurance policy that must be purchased by travelers visiting any of the 27 Schengen member countries. This requirement applies to all visa types, including tourist and business visas.

When applying for a visa from Bangladesh, you need to purchase insurance for your entire stay in the Schengen area.

Who Provides Schengen Travel Insurance?

Several providers offer travel health insurance policies internationally that meet the requirements of the Schengen Visa Agreement, such as AXA Assistance USA, Europ Assistance USA, Seven Corners Inc., and IMG Global Services LLC.

There are some Bangladeshi insurance companies where you can buy an insurance policy and successfully get a Schengen visa. Please find the list of insurance companies below, recommended by Schengen member consulates:

SL.Insurance Company Name
1Asia Pacific General Insurance Company Ltd.
2Bangladesh General Insurance Company Ltd.
3Bangladesh National Insurance Co. Ltd.
4Central Insurance Company Ltd.
5Delta Life Insurance Company Ltd.
6Dhaka Insurance Company Ltd.
7Eastern Insurance Company Ltd.
8Eastland Insurance Company Ltd.
9Green Delta Insurance
10Jiban Bima Corporation
11Mercentile Insurance Company Ltd.
12Paramount Insurance Company Limited
13Phoenix Insurance Company Ltd.
14Pragati Insurance Limited
15Prime Insurance Company Limited
16Sadharan Bima Corporation
17Sena Kalyan Insurance Company Ltd.
18Sikder Insurance Company Limited
19Sonar Bangla Insurance Limited
20United Insurance Company Ltd.

What Does Europe Travel Health Insurance Policy Usually Cover?

Europe travel health insurance policies usually cover various medical costs associated with unexpected medical emergencies or illnesses. This can include doctor visits, hospital stays, and emergency medical transportation.

Depending on your chosen policy, it may also provide coverage for trip cancellations due to illness or injury, delayed flights, and lost passport replacement.

Generally speaking, many health insurance policies specifically designed for travelers in Europe will include coverage for a variety of medical expenses such as medical consultations and treatments (e.g., X-rays), hospitalization and laboratory services, medications prescribed by a doctor (if necessary), emergency dental treatment, repatriation of your remains if you pass away during your trip and ambulance services.

Some policies may also cover pre-existing conditions; however, it is essential to check with your insurer if this type of coverage is included since not all insurers offer this coverage. Additionally, some policies may provide coverage for lost baggage and personal items or airline ticket reimbursement if you cannot make the return flight due to an injury or illness.

When purchasing travel health insurance for your trip to Europe, it is essential to ensure that the policy covers all countries you plan on visiting and any activities which might be potentially hazardous. Not all policies are created equal, so it is essential to thoroughly read any policy before confirming.

It would be best to consider factors such as deductible costs, maximum limits on payouts per claim, and waiting periods between submitting a claim and receiving payment.

How Much Does Schengen Insurance Cost?

 The cost of a policy depends on factors such as age and length of stay in Europe. Still, it typically ranges from $20-$50 per person per month, depending on coverage levels chosen by individuals or groups traveling together.

In Bangladesh, the insurance policy price ranges from 1700 BDT to 10,000 BDT. We have tried to give you the details pricing.

Insurance Plan A (Without United States & Canada)

Traveler’s Age: 6 Months – 40 Years

Insurance PeriodNet PremiumVATTotal Cost
1-14 Days 1,394.00 209.10  1,603.00 
15-21 Days 1,453.00 217.95 1,670.95
22-28 Days 1,627.00 244.05  1,871.05 
29-35 Days 2,006.00 300.90  2,306.90 
36-47 Days 2,298.00 344.70  2,642.70 
48-60 Days 2,702.00 405.30  3,107.30 
61-75 Days 3,341.00 501.15  3,842.15 
76-90 Days 3,994.00 599.00  4,593.10 
91-120 Days 6,753.00 1,012.95  7,765.95 
121-147 Days 8,134.00 1,220.10  9,354.00 
148-180 Days 11,301.00 1,695.15  12,996.15 

Insurance Plan A (Without United States & Canada)

Traveler’s Age: 41 Years – 50 Years

Insurance PeriodNet PremiumVATTotal Cost
1-14 Days 2,092.00  313.80  2,405.80 
15-21 Days 2,231.00  334.65  2,565.65 
22-28 Days 2,490.00  373.50  2,863.50 
29-35 Days 3,007.00  451.05  3,458.05 
36-47 Days 3,447.00  517.05  3,964.05 
48-60 Days 4,083.00  612.45  4,695.45 
61-75 Days 5,040.00  756.00  5,796.00 
76-90 Days 5,975.00  896.25  6,871.25 
91-120 Days 10,197.00  1,529.55  11,726.55 
121-147 Days 12,227.00  1,834.05  14,061.05 
148-180 Days 16.867.00 2,530.05  19,397.05 

Insurance Plan A (Without United States & Canada)

Traveler’s Age: 51 Years – 65 Years

Insurance PeriodNet PremiumVATTotal Cost
1-14 Days 2,812.00  421.80  3,233.80 
15-21 Days 2,997.00  449.55  3,446.00 
22-28 Days 3,347.00  502.05  3,849.00 
29-35 Days 4,042.00  606.30  4,648.00 
36-47 Days 4,633.00  694.95  5,327.00 
48-60 Days 5,489.00  823.35  6,312.00 
61-75 Days 6,775.00  1,016.25  7,791.00 
76-90 Days 8,033.00  1,204.95  9,238.00 
91-120 Days 13,707.00  2,056.05  15,763.00 
121-147 Days 16,440.00  2,466.00  18,906.00 
148-180 Days 22,866.00  3,429.90  26,295.00 

Insurance Plan A (Without United States & Canada)

Traveler’s Age: 66 Years – 70 Years

Insurance PeriodNet PremiumVATTotal Cost
1-14 Days9,148.00  1,372.20 10,520.20 
15-21 Days 9,752.00  1,462.80 11,214.80 
22-28 Days 10,888.00  1,633.20 12,521.00 
29-35 Days 13,155.00  1,973.25 15,128.00 
36-47 Days 15,078.00  2,261.70 17,339.00 
48-60 Days 17,858.00  2,678.70 20,536.00 
61-75 Days 22,048.00  3,307.20 25,355.00 
76-90 Days 26,136.00  3,020.40 30,056.00 
91-120 Days No Cover No CoverNo Cover
121-147 Days No Cover No CoverNo Cover
148-180 Days No Cover No CoverNo Cover

Insurance Plan A (Without United States & Canada)

Traveler’s Age: 71 Years – 75 Years

Insurance PeriodNet PremiumVATTotal Cost
1-14 Days16,009.002,401.3518,410.00
15-21 Days17,066.002,559.9019,625.00
22-28 Days19,053.002,857.9521,910.00
29-35 Days23,020.003,453.00 26,473.00
36-47 Days26,086.003,958.00 30,343.00
48-60 Days31,252.004,687.00 35,939.00
61-75 Days38,584.005,787.0044,371.00
76-90 Days45,738.006,860.0052,598.00
91-120 DaysNo CoverNo CoverNo Cover 
121-147 DaysNo CoverNo CoverNo Cover 
148-180 DaysNo CoverNo Cover No Cover 

Insurance Plan A (Without United States & Canada)

Traveler’s Age: 76 Years – 79 Years

Insurance PeriodNet PremiumVATTotal Cost
1-14 Days 32,017.00  4,802.55  36,819.55 
15-21 Days 34,132.00  5,119.80  39,251.80 
22-28 Days 38,106.00  5,715.90  43,821.90 
29-35 Days 46,041.00  6,906.15  52,947.15 
36-47 Days 52,772.00  7,915.80  60,687.80 
48-60 Days 62,503.00  9,375.45  71,878.45 
61-75 Days 77,169.00  11,575.35  88,744.35 
76-90 Days 91,476.00  13,721.40  1,05,197.00 
91-120 Days No Cover No Cover  No Cover 
121-147 Days No Cover No Cover  No Cover 
148-180 Days No Cover No Cover  No Cover 

Schengen Visa with United States & Canada Coverage

Schengen Insurance Coverage in the United States and Canada if you would like to plan your United States and Canada tour together with Schengen member states. It covers the same medical expenses and repatriation costs.

Insurance Plan B (With United States & Canada)

Traveler’s Age: 06 Months – 40 Years

Insurance PeriodNet PremiumVATTotal Cost
1-14 Days 2,553.00 383.00 2,936.00
15-21 Days 2,712.00 407.00 3,119.00
22-28 Days 3,065.00 460.00 3,525.00
29-35 Days 3,681.00 552.00 4,233.00
36-47 Days4,389.00 658.00 5,047.00
48-60 Days 7,070.00 1,060.00 8,130.00
61-75 Days 10,166.00 1,525.00 11,691.00
76-90 Days 12,234.00 1,835.00 14,069.00
91-120 Days 17,235.00 2,585.00 19,820.00
121-147 Days 22,885.00 3,433.00 26,318.00
148-180 Days 30,307.00 4,546.00 34,853.00

Insurance Plan B (With United States & Canada)

Traveler’s Age: 41 Years – 50 Years

Insurance PeriodNet PremiumVATTotal Cost
1-14 Days 4,725.00  708.00  5,433.00 
15-21 Days 5,061.00  759.00  5,820.00 
22-28 Days 5,864.00  879.00  6,743.00 
29-35 Days 6,918.00  1,037.00  7,955.00 
36-47 Days 8,435.00  1,265.00  9,700.00 
48-60 Days 13,705.00  2,055.00  15,760.00 
61-75 Days 19,820.00  2,973.00  22,793.00 
76-90 Days 23,826.00  3,574.00  27,399.00 
91-120 Days 33,737.00  5,060.00  38,797.00 
121-147 Days 49,161.00  7,374.00  56,535.00 
148-180 Days 59,631.00  8,944.00  68,575.00 

Insurance Plan B (With United States & Canada)

Traveler’s Age: 51 Years – 65 Years

Insurance PeriodNet PremiumVATTotal Cost
1-14 Days 5,998.00  899.00  6,897.00 
15-21 Days 6,426.00  963.90  7,389.00 
22-28 Days 7,445.00  1,116.75  8,561.00 
29-35 Days 8,784.00  1.317.60 10,101.00 
36-47 Days 10,710.00  1,606.50  12,316.00 
48-60 Days 17,404.00  2,610.60  20,014.00 
61-75 Days 25,169.00  3,775.00  28,944.00 
76-90 Days 30,256.00  4,538.00  34,794.00 
91-120 Days 42,840.00  6,426.00  49,266.00 
121-147 Days 57,031.00  8,554.00  65,585.00 
148-180 Days 75,721.00  11,358.00  87,079.00 

Insurance Plan B (With United States & Canada)

Traveler’s Age: 66 Years – 70 Years

Insurance PeriodNet PremiumVATTotal Cost
1-14 Days 19,517.00  2,927.00  22,444.00 
15-21 Days 20,910.00  3,136.00  24,046.00 
22-28 Days 24,223.00  3,633.00  27,856.00 
29-35 Days 28,579.00  4,286.00  32,865.00 
36-47 Days 34,850.00  5,227.00  40,077.00 
48-60 Days 56,631.00  8,494.00  65,125.00 
61-75 Days 81,895.00  12,284.00  94,179.00 
76-90 Days 98,451.00  14,767.00  1,13,218.00
91-120 Days No Cover No Cover No Cover
121-147 Days No Cover No Cover No Cover
148-180 Days No Cover No Cover No Cover

Insurance Plan B (With United States & Canada)

Traveler’s Age: 71 Years – 75 Years

Insurance PeriodNet PremiumVATTotal Cost
1-14 Days 34,155.00  5,123.00  39,278.00 
15-21 Days 36,593.00  5,488.00  42,081.00 
22-28 Days 42,390.00  6,358.00  48,748.00 
29-35 Days 50,013.00  7,501.00  57,517.00 
36-47 Days 60,987.00  9,148.00  70,135.00 
48-60 Days 99,105.00  14,865.00  1,13,970.00 
61-75 Days 1,43,316.00  21,497.00  1,64,813.40 
76-90 Days 1,72,288.00  25,843.00  1,98,131.00 
91-120 Days No Cover No Cover No Cover
121-147 Days No Cover No Cover No Cover
148-180 Days No Cover No Cover No Cover

Insurance Plan B (With United States & Canada)

Traveler’s Age: 76 Years – 79 Years

Insurance PeriodNet PremiumVATTotal Cost
1-14 Days 68,309.00  10,246.00  78,555.00 
15-21 Days 73,186.00  10,977.00  84,163.00 
22-28 Days 84,780.00  12,717.00  97,497.00 
29-35 Days 1,00,025.00  15,003.00  1,15,028.00 
36-47 Days 1,21,975.00  18,296.00  1,40,271.00 
48-60 Days 1,98,210.00  29,731.50  2,27,941.00 
61-75 Days 2,86,632.00  42,994.80  3,29,626.80 
76-90 Days 3,44,577.00  51,686.00  3,96,263.00 
91-120 Days No Cover No Cover No Cover
121-147 Days No Cover No Cover No Cover
148-180 Days No Cover No Cover No Cover

How To Buy Schengen Visa Insurance in Bangladesh?

You can directly contact the insurance company to buy your desired policy. If you need any help regarding insurance purchase, you can feel free to contact us. We can purchase the policy on your behalf and deliver to your home address.

5 thoughts on “Schengen Travel Insurance in Bangladesh: Plans & Cost”

  1. I need 3 Hungary and 4 Lithuania work visa holder’s travel insurance for 14 days period. How much does it cost?
    01786171371 ( what’s app).
    Feel free to contract.
    Thanks

    Reply
  2. My husband is 80 years and we need health insurance for Schengen country. How much do I need to pay for him and is it refundable if not get the Schengen Visa.

    Reply
  3. Hi,
    I want to buy 2 policy for my parents. Both are 60 and 63 years old.
    Could you please help me in this regard.
    Thank you in advance

    Reply

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