What benefits does HDFC Schengen travel insurance offer? Getting insured while you travel is essential, whether you are going on vacation, attending a conference, conducting business, or for any other reason. No matter how well you prepare for your vacation, a few factors are beyond your control. Given that it recommends any unanticipated emergencies, the HDFC Schengen travel insurance plan is a godsend in this situation. There are several different HDFC insurance plan options available, and each one has advantages.