Oireachtas Joint and Select Committees
Thursday, 23 November 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Scrutiny of the Flood Insurance Bill 2016
9:30 am
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
If there is a high excess amount attached to a policy an insurer could claim that the policyholder has flood cover, but it comes at a very high price if the policyholder is taking the hit for the first X thousand of euro in the event of a flood event occurring.
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