Yes, travel medical insurance is mandatory for an Italy Visit Visa. The insurance must cover at least €30,000 for medical emergencies, hospital treatment, and repatriation. It should be valid for the entire duration of your stay in Italy and other Schengen countries. The insurance policy must clearly mention coverage details and dates. Without proper travel insurance, your visa application may be rejected. It is important to purchase insurance from a recognized provider before submitting your application.