Travel insurance is a short term insurance that covers you whilst you are on a trip. The coverage of travel insurance is based upon several aspects of the policy but usually it includes lost or damaged baggage, medical requirements that may take place during your trip, trip cancellation or interruption, and lost personal items.
The citizens of Bolivia need to apply for Schengen Visa for travelling to any of the Schengen Member Countries. This visa will provide them to enter into the Schengen territory and stay there for a maximum of 90 days in a six-monthly period.
The issuance of Schengen Visa to the Bolivian nationals is subject to supporting the visa application with all the mandatory documents as well as Schengen visa insurance Bolivia.
Schengen visa insurance in Bolivia by GUG :
Global Underwriting Group (GUG) family of companies and programs is a trusted insurance company declaring its range of Schengen travel insurance Bolivia plans exclusively for the Bolivian travelers. It is an EU accredited company which presents travel insurance plans that consent to the provisions as stated by the Schengen Embassy/Consulate with regard to travel insurance.
A Bolivian visitor can buy GUG’s low cost Schengen travel insurance in Bolivia if he or she falls short of budget. It provides restricted medical coverage of 40,000 Euros which is made essential by the European Law in terms of the Schengen Visa requirements.
If a Bolivian national wishes to get adequate medical coverage, then you can choose GUG Schengen Europe Travel which is a comprehensive plan with medical coverage of a maximum of 100,000 Euros.
If the Bolivian citizen has the requirement of travelling to Schengen region frequently, then he or she is required to apply for multiple entry Schengen visa with a validity of one year or more. In this case also, the maximum time period for which he or she can stay in the Schengen area will be 90 days in a six monthly period. GUG chiefly offers its multi trip Schengen Visa insurance Bolivia plans for such Bolivian citizens who have to travel to the Schengen area and the other countries of European Union with the aim of work several times during a year but limited to the 90 day period within a semi-annually period. This plan offers medical coverage of up to 100,000 Euros.
So a Bolivian traveler can settle on that plan of GUG which he or she finds most pertinent and travel to the Schengen nation he or she intends to travel with full protection of travel insurance.
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