Every year, thousands of Nigerians have Schengen visa applications refused because their travel insurance doesn't meet embassy requirements. The most common mistakes: buying a cheap policy that doesn't cover the full Schengen area, or a policy with less than the required €30,000 medical coverage. This guide helps you buy right the first time.
Travel Insurance Comparison for Nigerian Travellers 2026
| Insurer | Medical Cover | Single Trip (14 days) | Cancellation Cover | Schengen-Compliant |
|---|---|---|---|---|
| AXA Mansard | €50,000 | ₦25,000 | Yes | Yes ✓ |
| Leadway Assurance | €30,000 | ₦18,000 | Limited | Yes ✓ |
| Cornerstone Insurance | €30,000 | ₦15,000 | No | Yes ✓ |
| Custodian Insurance | €50,000 | ₦28,000 | Yes | Yes ✓ |
Embassy requirements you must meet
- Minimum €30,000 medical and repatriation cover
- Coverage must be valid for the entire Schengen area (all 27 countries)
- Policy must be valid for the full duration of your trip plus entry/exit days
- Some embassies require the insurance company to be listed in their approved provider registry
Get Schengen-compliant travel insurance from ₦15,000.
Compare Travel Insurance →Frequently Asked Questions
Disclaimer: CompareMarket NG is an independent comparison service. Information is verified against regulatory databases (NAICOM, CBN, FCCPC, NDIC, NERC, NCC) and updated regularly, but rates and products change frequently. Always verify current terms directly with the provider before making a financial decision. This is not financial advice.
