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Special publication, April 12th, 2007 German CSN

On April 12th, an 8-sided special edition with publications on the topic " are you adequately insured?" is published.

Press report SUR 01/07

The dream of a holiday home – optimal insurance cover for buildings and contents

Insurance broker Norman Nork’s specialisation is on holiday homes in Spain. His work focusses on English- and German speaking Europeans.


More and more German and English speaking persons invest in Spanish real estates. " Nevertheless, the dream of having a holiday home can easily become a nightmare through theft, burglary, storm, fire or water damages", explainsNorman Nork, German investment broker for 30 years. For 10 years Cologne broker Nork, who lives inMarbella, has concentrated on German-speaking clients in Spain. His main focus: Insurances for buildings and their contents. "The furnishings of a holiday home (with designer furniture, HiFi arrangements and art objects) are as valuable as the real estate itself in many cases ", knows Nork. "A real estate equipment often has a value of millions of dollars/euros. An adequate security is needed in these cases."


Indeed, most household insurances cover damages, but this affects only acquainted objects. This is why Nork recommends insurance policies with coverage for all possible dangers. Of preference is special insurance company Hiscox, located in Germany and in London/Great Britain. For many years, Hiscox has specialised in insurances for holiday homes. Buildings and household contents, including art, objects of value and glass, can be insured through special policy MUNDIAL. MUNDIAL covers damages caused by burglary, vandalism, fire, tap water and storm. Automatically included in the insurance are wilful damage, landslide and flood. All-Risk as well as various liability risks can be integrated into the insurance policy.

Further advantages: language barriers, problems with foreign law and differences as regards mentality appear on the agenda. An insurance for foreign real estates taken out in Germany has clear conditions according to German law, in German language. It has German contact persons and high service standards in the event of damage or loss, says Nork. With Hiscox our customer can rely on absolute rapidity in the event of damage, A further example for Hiscox’s service: In 2006, insurance company Ancora declared itself insolvent. One month later, insurance cover for many Spanish holidays homes ceases. Hiscox offers a reduction of 15 % as regards Hiscox annual bonus to all former policy holders of Ancora in case of the conclusion of a Hiscox contract.

Holiday home owners who are interested in a building insurance and/or contents insurance can get further information by insurance broker Norman Nork (Norman Nork, 29600 Marbella / Cabopino, Tel. 0034-951310418, fax. 0034-951310418, Mobile 0034-679061249, VoiP 0221-355338088, homepage:, e-mail:"

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