Michael D'Arcy (Wexford, Fine Gael) | Oireachtas source

I move amendment No. 31:

In page 9, line 37, to delete all words from and including “(1) Where” and in page 10, to delete lines 1 and 2 and substitute the following:

“(1) Where, in accordance with the contract, an insurer notifies a consumer that the insurer is cancelling a contract of insurance, the insurer shall repay to the consumer the balance of the premium for the unexpired term of the contract and provide to the consumer the reason or reasons for the cancellation.”.

I support the inclusion of the provision in section 11(1) which sets out that when an insurer is cancelling a contract of insurance the balance of the premium for the unexpired period of insurance is refunded to the consumer without any additional costs imposed on the consumer. I propose a number of amendments to section 11(1), some of which are in the second group. This amendment to section 11(1) would also provide that consumers be given a reason for the cancellation of a contract. I propose a new section 11(1) which includes this new provision and other drafting changes. For example, the subsection should state "in accordance with the contract" and not "in accordance with the section".

It is also proposed to delete section 11(2) as the essence is covered by the consumer protection code and the current drafting raises data protection concerns in light of the general data protection regulation, GDPR.