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In Germany, health insurance is mandatory. Other types of insurance, such as private liability insurance and accident insurance, are highly recommended to have.
Adequate health insurance for the whole duration of the stay in Germany is compulsory. Without this, visa and time-limited residence permits may not be issued. In Germany, travel health insurance, which is valid in the entire Schengen area and has a minimum coverage of €30,000, is required for all MBS participants.
In addition to the compulsory health insurance, MBS highly recommends all participants consider taking out liability insurance ("Haftpflichtversicherung") and accident insurance ("Unfallversicherung").
More information on insurances in Germany is available here.