4 years ago ·
by Thomas ·0 comments
Not everyone needs life insurance But if your children, partner or other relatives depend on your income to cover the mortgage or other living expenses, then the answer is yes – you probably do want life insurance, since it will help provide for your family in the event of your death.
The key reason to take out life assurance is so that the income you provide for others is maintained. An adequate level of life insurance is designed to provide financial support for surviving dependants on the death of the policyholder. Being an expat and making a living in Spain is harder than many other countries and your dependants may not have the same financial skills, capabilities or qualifications as you. Would they be able to continue living in Spain or would they need to return to their home country if you were not providing the main source of income for your family?
Any outstanding debts you have will also most likely be paid off in full, these include probably your biggest debt – your mortgage but also any credit card debts and other loans. If you have a partner, family or business partner who would suffer financially when you die then consider life insurance to clear your obligations, debts and to provide a cash lump sum to alleviate any possible financial distress.
It seems that finding the right expat life
insurance in Spain is even more important than you think. We want to help you
protect yourself and your loved ones by choosing the perfect life insurance
There are several reasons to rely on life
insurance for expats in Spain. You can be sure that you and your loved ones are
protected from unforeseen events.
For more information contact us on 966 493 762/ 660 751 073 or send us a contact request and we can go through all of the questions you may have.
4 years ago ·
by Thomas ·0 comments
doesn’t matter whether you live in a one-bedroom flat or a five-bedroom
detached house, your home is no doubt your castle. So it’s important to make
sure that you have the right protection in place in case something should go
if there was a fire or the roof was damaged in a storm? Would you be able to
pay for the repairs? And where would you live if your house was uninhabitable?
Your home also contains some of your most valuable possessions. Could you
afford to replace your flat screen TV or your jewellery collection if you were
the target of burglars?
does buildings insurance cover?
insurance covers the structure of your home, so the roof, walls and windows. It
also includes the permanent fixtures, such as the fitted kitchen and the
bathroom suite. Buildings insurance policies vary, but they should all insure
your home in case of fire, storm, flood, subsidence, burst pipes, theft and
insurers offer extra cover if you need it, though you will normally have to pay
an additional premium. Accidental damage is one of the most popular policy
the cost of contents:
don’t just need to insure the structure of your home; you also need to insure
its contents against loss or damage caused by theft, fire, storms, lightning,
flooding or other water leakage, as well as explosions or earthquakes.
contents of your home might be more valuable than you think. And it is
important to get the figure right so that your insurance will pay out in the
event of a claim. The
best way to make sure you have adequate cover is to walk round your house room
by room and make an inventory of your possessions.
is also important to declare any high valuable objects as in General policies
have a limit on single articles without being declared.
policies are very complete but you can also add cover if required, a few
examples would be:
damage cover For contents / Buildings
Public Liability Cover
Dog liability cover
risk cover for declared objects/ jewellery
The list goes on, we can gladly go through this when we go through the quote process 😊.
Do you want to protect your Spanish home from threats such as damage and break-ins? We can advise you how to get house insurance in Spain and get protection.
Spain is a popular destination for expats and many people are attracted by its warm climate and good quality of life. However, so that your dream of living in the sun does not go astray you should think about protecting yourself from dangers such as fire or burglary.
queries or quotes please just contact us through our Website or phone us on 966
493 762 or 660 417 933.