Dare to dream
Owning a second home overseas is a dream for many British people, but their level of understanding of their duty of care for guests is minimal, especially with regard to health & safety. This power hour explores the difficulties of catering for this market, and asks what factors will enable brokers and insurers to balance the risk of insuring these properties more effectively?
Mark: Given the fact that we believe there is in excess of 800,000 second homes owned by British people - predominately in the Mediterranean - the level of ignorance about what their responsibilities are in terms health & safety (H&S) is vast. Some people find a property, rent it out and either have a policy with a Spanish or French company or no insurance at all, which is inadequate as a landlord. I am not talking about buildings and contents insurance - the whole game changes as soon as they
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