MEDAL was present at the 1st Algarve Property Show which took place on 11th – 13th June 2011 at the Hotel Tivoli in Vilamoura. The exhibition was attended by some of the most prestigious companies from the areas of real estate investments and rental, in the Algarve.
Several seminars were held over
the three days which
included topics of interest to foreigners who reside or
wish to come to reside in the
Algarve One of
these topics “Multi-risk insurance for
foreigners housing”,
was presented by our own General Director Mr. Henrique Pinheiro.
Mr Pinheiro talked about the main issues to consider
when drawing up insurance for
for properties including area such as the
recommendation of Civil Liability when
the occupation of the property
is for private use or lease tourism,
he also talked about the levels of franchises available
in the market, along with
things to take into consideration for
calculating both the capital and insurance for
the Building or Contents,
management and settlement of claims,
as well as the importance in
choosing the correct "Insurance Broker"
for providing development and
assistance the insurance
contract.
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