Don't
ignore your overseas property insurance -
disaster can strike anywhere!
Would you be brave enough to leave your
home in the UK uninsured? So why do many of
us buying a home abroad immediately assume
that the rules are different because the sun
is shining - risks still exist. Regardless
of whether your property is occupied,
unoccupied or let - short or long term - you
need comprehensive property insurance and
cover against potential liabilities.
UK based insurance company Intasure
offers policies that are designed
specifically to meet the needs of the
overseas property market. Flexibility is
central to Intasure's cover, comprehensive
buildings and contents insurance allows you
to live in, leave your property unoccupied
or let it - short or long term. The policy
also covers loss of rent and emergency
travel and accommodation in the event of a
major claim. For additional peace of mind
these policies are underwritten by one of
the world's leading insurers, Norwich Union.
No language barriers.
Understanding exactly what a policy
includes, even in English, can be a feat in
itself. Add to this the complication of an
unfamiliar language and the stress
associated with making a claim and the whole
process could be doubly hard. Intasure's
documentation is entirely in English and all
claims and enquiries are reported to and
resolved by a UK-based English speaking
support team.
Community Insurance can be misleading
Local Community Insurance cover can be
deceptive. It is designed to protect
communal areas such as boundary walls,
entrances and staircases (in the case of
apartments), but not as comprehensive cover
for your specific property. It is invariably
written in the language of origin, which
makes it hard to fully understand what the
cover includes. Owners can mistakenly
believe that Community Insurance covers
their home, discovering too late that it
does not.
Essential Liability cover
Intasure's comprehensive cover is also ideal
for anyone who lets their property,
particularly with the current trend toward
litigation. Intasure's policy automatically
includes £2,000,000 Public Liability cover,
far in excess of many other European
policies (in Spain for example, typically
30,000€ Approx. £20,000). Cover is
available for homes in Spain, France,
Portugal, Italy, Greece, Cyprus and the
Republic of Ireland. For a quick quote or to
arrange immediate cover visit the Intasure
web site: www.intasure.com
New
property deal, Buy now, move in, pay later.
The
credit crunch around the world is
making some people fear that their
dream of owning a home abroad may be
lost forever. People have
become nervous about signing up to a
long term fixed contract mortgage,
and the thoughts of parting with a
chunk of savings is also met with
reluctance. However the Turkey
Herald have found a company who have
come up with some innovative
financing options which may bring
your dream of a second home in the
sun within reach. The
innovative scheme they offer is
based upon the concept of a
hire-purchase agreement – BUY
NOW, MOVE IN, PAY LATER! Interested?
Find out more here>>
