Oireachtas Joint and Select Committees
Thursday, 21 November 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Dual Pricing for Insurance: Discussion (Resumed)
Mr. Gerry Hassett:
I accept that 100% but I think prudence is in the interests of the customer. The customer needs to know. The customers are paying their premiums today and it might be three or four years before they need to get the claims. They need to know the money will be there. That is a protection for the consumer and it was a point the Central Bank made in addressing this.
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