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This becomes your responsibility upon possession of the property. Normally, Spanish insurance companies offer a split policy, whereby the property and its contents are assessed separately. Please note that in the case of some property owner's associations, community fees may include cover on the building.

Fire insurance is compulsory by law when taking out a mortgage.

Comprehensive household insurance should be taken to protect your home and contents. It's also advisable to take out life insurance to guarantee payment of the loan in case of death.

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