Oireachtas Joint and Select Committees

Thursday, 11 July 2019

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Consumer Insurance Contracts Bill 2017: Committee Stage

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

I am glad that the Minister of State is not amending the section. Based on the submissions, there has been pressure from insurers to amend this. At the core, where an insurer enters into a contract, it should honour that contract. Obviously, an insurer is at any time free not to insure an individual but if it does so, it should pay out on that regardless of the insurable interest.

Equally, the fact that a person is not named in the contract should not be in itself sufficient grounds to avoid the liability. I welcome this section.

I welcome the fact that there is no amendment as a result of pressure.

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