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Spain Insurance

Spain is one of the largest countries in Europe standing next to Russia, Ukraine and France. Spain bears exotic locales of mountainous regions owing to its huge mountains and large rivers like Ebro, Tagus, Duero, Guadiana and Guadalquivir. The main contribution to Spanish insurance industry is the life insurance. General insurance accounts for 3 percent while life insurance constitutes 3.5 percent to overall insurance industry that contributes towards 6.5 percent to the GDP. Life insurance covers also offer complementary coverage such as disability, accidents, etc. You can travel with Europe travel insurance common visa while travelling to Spain. Your Schengen visa allows you to take your insurance cover under itself. Whether you are taking a holiday or visiting an expatriate family or friends, opt for travel insurance in Spain. You can take instant single trip or multi-trip travel insurance in Spain available for individuals, couples or even the whole family. Worldwide travel insurance covers or specific Europe travel insurance covers are also available by insurance companies in Spain. These travel insurance in Spain also provide covers for pre-existing medical conditions while you are travelling. Car insurance in Spain is mandatory by law. All motorists should have third party liability insurance. Cars insurance in the UK is valid in Spain as well. Thus expatriates travelling to Spain can drive their cars with insurance cover taken in the UK. The Underwriters are allowed under EU "Freedom of Services" Directorate and they can also take insurance cover in Spain for cars registered in the UK. However, insurance companies do not provide comprehensive insurance cover to cars older than 10 years. While driving in Spain, it is mandatory to carry your driving license, insurance cover and Ficha Tecnica showing car's technical details with you all the time. Thus, if you are an expat, you can easily take a car insurance in Spain for vehicles registered in the UK. If you are travelling out of Spain with your car, you need to inform your insurance company. The insurance policy provides temporary free cover to you if you travel to any EU country along with Isle of Man, Gibraltar, Channel Islands, Czech Republic, Hungary, Norway, the Slovak Republic and Switzerland. Spanish home insurance is available for most of the properties or holiday homes. You can check for the most competitive quotes online for home insurance in Spain. You can get instant Spain home insurance with a fully comprehensive cover. All the covers are usually available written in English that can be fully understood by any expat. Instant insurance policy is also available for holiday homes for as little as 80 Euros a year. The third party liability coverage is also included in the insurance policy. Home insurance in Spain also covers property damage, emergency travel, accidental damage, high value items, etc. Expatriates in Spain can also opt for private medical insurance. You can opt from variety of plans available suitable for all ages and for nearly every medical condition. There are two or more levels of insurance policy available that gives flexibility of payments and allows you to choose the excess you pay to reduce your premiums. These kinds of plans are usually beneficial for families. You can easily opt for an insurance policy in Spain that includes children under 21 for reduced premium. Their premium is available at 50 percent discount till the children turn 25.

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