27 Feb 2007 7:11 PM:

Tread carefully with Life Insurance on your Spanish mortgage. I investigated this with my own (sometime never) purchase, and found the following:

1. The market in Spain seems much less developed than in the UK.

2. Cover seems generally to be more expensive in Spain than in the UK.

3. The payout under the policy (if the worst happens), will form part of the policy holder's estate and then be subject to Spanish Inheritance tax (remember there is no exemption between husband and wife in Spain) when in the UK it may not.

We decided for all the above reasons to increase our cover in the UK rather than take out cover in Spain - however we are still waiting for our doctor to fill in a form over 3 months after he had the letter asking him to do so. Obviously the mañana culture extends beyond Spain.

Thread: Life Insurance for Spanish mortgages

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04 Dec 2006 8:51 PM:

Still waiting to complete at Casares del Sol - original date Dec 2005. I wouldn't recommend you book flights. We were told Feb 06, then Mar 06, then April 06, then June 06, then I stopped taking any notice what they said. It will complete, and things do seem to be in order. If our experience is anything to go by, just don't expect anything to happen when you are told it will happen.

Thread: Professional clean?Installation of Sat TV

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