The UK is not part of the Schengen area.
As a result, permanent or temporary residents of the UK are subject to the visa requirement to enter the Schengen area, unless they are exempted from this requirement by the Schengen States.
Conditions of entry
The visa does not grant an absolute right to enter the Schengen area.
An alien holding a visa may be denied entry if he does not hold any paperwork required for Schengen perimeter border inspections.
In particular, a medical insurance coverage valid is required in the Schengen area.