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What is the correct way to choose the insured amount?

What is the correct way to choose the insured amount?

The recommended amount for travelling within the Schengen countries shall be at least €30,000.

The amount for the countries with no visa limitations shall start with US$30,000.

The minimum limit, recommended for the places with quite expensive medical assistance (e.g. USA), as well as during active sports and travelling to very distant countries, shall be US$50,000.

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