Pearse Doherty (Donegal, Sinn Fein)
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I have no issue with deleting section 11(2).

This section is important because, as drafted, it will provide for a legal obligation on the insurance company to repay the consumer the balance of the premium for the expired period. The Minister of State's amendment is helpful because it will also require the company to explain why it cancelled the contract. As I said, section 11(2) relates to communication. If this is covered in other regulations, I am happy to accept its deletion. Section 11(3) means that the insurance company will not be able to impose any financial burden on the consumer when a contract of insurance is cancelled. That will also be welcome.