Yes, travel insurance is a mandatory requirement for a Hungary Tourist Visa. The policy must provide a minimum coverage of €30,000 and must be valid across the entire Schengen area for the full duration of your stay. The insurance must cover medical emergencies, hospitalisation, and repatriation costs. It is important to obtain your travel insurance from a recognised provider and ensure that the policy documents clearly state the coverage amount and the validity period. Submitting inadequate or invalid travel insurance is one of the most common reasons for Schengen visa rejections.