Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

I move amendment No. 12:

In page 10, after line 39, to insert the following: "Renewal of contract of insurance

12. (1) In the case of a contract of non-life insurance, the insurer, when issuing a renewal notice to a consumer, shall provide the consumer with a schedule outlining the following:

(a) any premiums paid by the consumer to the insurer in the preceding three years, and

(b) a list of any claims that have been paid by the insurer to the consumer in the preceding three years.

(2) Where there has been any mid-term adjustment made to the policy in any of the previous three years, the information to be provided for the purposes of subsection (1) (a)shall be met by:

(a) the provision of an annualised premium figure for the relevant year(s) excluding fees or charges applied as a result of that adjustment, and

(b) a statement indicating that the annualised premium figure shown may not reflect the actual premium paid in the relevant year(s).

(3) The Minister shall by order appoint a day for the commencement of this provision.".

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