One prerequisite for entering any of the Shengen zones is having travel insurance. There plenty insurance companies offering that in Nigeria. However, we’ll discuss the 5 best  travel insurance for Schengen visas in Nigeria, as well as some advice on making informed decisions. Continue reading!
If travel insurance is not included in your Schengen visa application, it may be rejected since it is a key condition for visa approval.
Nigerians traveling to the Schengen zone must provide certain visa application requirements as specified by the European Union. One of the requirements is to guarantee that medical expenses and emergency medical evacuation, as well as travel insurance with a €30,000 maximum, are covered.

Failing to comply with these requirements can lead to visa denial. That’s why it’s important to select a travel insurance policy that matches the EU’s guidelines.

By the end of this article, you will have all the information needed to confidently apply for the Schengen visa, along with travel insurance coverage.

5 Best Travel Insurance Companies For Schengen Visa in Nigeria

1. AXA Mansard
2. Allianz Nigeria
3. Leadway Assurance
4. AIICO Travel Insurance
5. Custodian Travel Insurance

1. AXA Mansard

AXA Mansard is well-known for their superior client care and plans, which cover a wide range of insurance products. These features include, cancellation protection, and baggage coverage, which ensure your safety and security throughout your trip.

COVERS

• Medical/Hospitalization expenses: If you get any medical condition, like hospitalization,.
• Emergency medical evacuation: If you have an accident, you can also be airlifted.
• Repatriation of mortal remains: repatriate the body of a deceased one.

Things that aren’t covered:

• Expenses connected to any pre-existing medical conditions, unless your policy states otherwise.
• Non-urgent medical treatments, for example, eyeglasses or contact lenses, routine check-ups, or cosmetic procedures.
• People who leave stuff unattended in a public place
• Wear and tear caused by use.

2. Allianz Nigeria

Allianz Nigeria is another reliable insurance provider that also provides travel insurance packages for Schengen Visa applicants. Their policy packages offer benefits like medical evacuation, travel delay coverage, and 24/7 emergency assistance, any time you travel.
COVERS
• Legal assistance
• Compensation for delayed, or even lost, baggage that was checked in at the airport.
• To make up for the delay, add on the trip cost, and many other inconveniences…
• Emergency dental care
• Discounted family rates: free cover for children under 18 years for a family of 2 adults and 6 children.
• Choose from the range of global plans (Gold, Silver, or Bronze).
• Long-term cover for people up to 80 years old.
• Multi-trip coverage up to 92 days per trip, maximum.
What isn’t covered:
Pre-existing illnesses, pregnancy, normal controls, and the other benefits that are not in the policy.

3. Leadway Assurance

With its robust reliability and timely treatment of claims, Leadway Assurance remains among the best travel insurance companies for Schengen visa in Nigeria.

In their policies, they provide for medical expenses, trip interruption, and personal liability, giving you the kind of protection you need while traveling in the Schengen area.
COVERS

•Coverages for losses of belongings or property

•Medical crises, legal matters

What isn’t covered
The costs that the quarantine incurs, including the hotel fees, will not be paid for either.

4. AIICO Travel Insurance

AIICO Insurance Plc provides various travel insurance services, including the Schengen Visa from Nigeria.
Their travel insurance policies include medical emergencies, evacuation, repatriation assistance, and travel assistance services.
AIICO is a popular choice among Nigerian travelers because it has a well-earned reputation for efficient and prompt claim processing.
COVERS
• Emergency medical expenses
• Medical repatriation
• Loss of baggage
• Loss of money
• Missed or cancelled flights
• Evacuation
What isn’t covered
People with pre-existing conditions, extreme sports and activities, non-essential treatment or procedures, and trips to countries with government-issued travel advisory.

5. Custodian Travel Insurance

Custodian & Allied. Plc offers a travel insurance product that is suitable for Schengen Visa applicants.
Their policies contain some insurance for medical expenses, emergency evacuation, repatriation, trip cancellation or interruption, and baggage loss or delay.
COVERS
• The trip may include emergency medical costs, loss of financial income, or other unforeseen occurrences, such as those listed below.
• Medical Expenses and Hospitalization Overseas: 30,000 Euros with 50 Euros Deductible.
• Early termination in the case of a family member’s death: 3,000 euros.
• Luggage loss: 610 euros.
• Flight delay: 200 euros.
What isn’t covered

The due clause does not apply for the damage or loss due to theft that occurred at an unoccupied building.

What your travel insurance must cover

• Minimum Coverage Amount: The travel insurance policy must include medical emergency coverage and repatriation with a minimum coverage amount of €30,000 (or its equivalent in Nigerian currency).
• Coverage for the entire Schengen Area: The travel insurance policy must cover the entire period of the traveler’s planned stay in the Schengen Area, including all member states that the traveler plans to visit.
• Coverage for Emergency Medical Expenses: The policy should safeguard the occurrence of emergency medical treatment costs that may incur, such as hospitalization, outpatient care, or medical evacuation from accidents or severe sickness encountered during the stay in the Schengen Area.
• Repatriation of Remains: The policy must cover the repatriation of remains in the event of death while on a trip, including the transportation of the deceased person’s body to their home country.
• Policy Validity Period: The travel insurance coverage should be effective during the whole time of the traveler’s stay in the Schengen Area and include unforeseen returns or unexpected extensions of stay.

Tips on Buying Travel Insurance

1. Online Platforms: Most insurance companies in Nigeria also give customers the opportunity to buy travel insurance through their websites and mobile apps. Travelers can go to the insurer’s website, select the desired travel insurance plan, fill out an online form, and make payment securely with various online payment options, including credit/debit cards or bank transfers. Policy documents are generally sent as emails to the insured a few days after the policy purchase is completed.
2. Insurance Brokers: Travelers could also buy travel insurance through insurance brokers or agents who represent various insurance companies. These travel agents, being specialists, can help travelers choose the right type of insurance plan that fits their specific needs and budget considerations. They also offer services such as comparison shopping, translation of policy terms, and buying facilitation processes.

Read also: 4 Vital Skills to Learn in Nigeria Before You Japa to Canada

Conclusion

A travel insurance will make you feel prepared for any medical expenses, trip cancellations, and emergencies during the trip.
One of the things to consider when shopping for travel insurance that will accompany your Schengen visa in Nigeria is the amount of coverage, medical coverage, trip cancellation protection, and 24/7 emergency services.

It is necessary to pick a well-known insurer with a remarkable history of customer satisfaction and prompt claim processing. In addition, read the terms and conditions of the policy documents and then make a decision.
Based on customer satisfaction, AXA Schengen travel insurance stands tall in the best travel insurance companies for Schengen visa in Nigeria.

What is your take on this review? We’ll like to hear from you. Use the comment section below or any of the social handles.