Oireachtas Joint and Select Committees
Tuesday, 23 March 2021
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Banking Sector: Engagement with Bank of Ireland
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
I have six minutes and I am sorry to interrupt Ms McDonagh but I need to get to the bottom of this issue. There are people, for example, who have diabetes and can no longer get mortgage protection cover from a range of insurance providers. New Ireland Assurance is a subsidiary of Bank of Ireland - indeed Ms McDonagh is the group CEO of that organisation. New Ireland Assurance has changed its criteria since May of last year and now asks applicants to identify whether they have had a symptom of Covid-19 in the last three months, which is then taken into account in respect of insurance. Is Ms McDonagh aware of the change of policy of the group of which she is CEO?
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