Property insurance extends to Cape Verde and Morocco

With the news that some 800,000 families in Britain now own overseas property and in ever more remote locations, UK investors will be pleased to learn that HiFx is extending its cover to Cape Verde and Morocco. The firm's managing director Mark Bodega said that the increased demand for foreign property had led to its decision to extend its overseas cover.

While Mr Bodega said that investing in an overseas property is a sensible investment, he added that it is essential to insure the property because of differing regional practices in case of any problems.

He said: "Adequate overseas property insurance is essential to safeguard the viability of your investment. Storm damage and burst pipes rank amongst our most common claims.

"Overseas repairs can be expensive and, in order to protect your investment, it is essential that any material damage is repaired by trustworthy skilled tradesmen."

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