Dáil debates

Tuesday, 15 June 2021

Ceisteanna Eile - Other Questions

Insurance Industry

8:55 pm

Photo of Rose Conway-WalshRose Conway-Walsh (Mayo, Sinn Fein) | Oireachtas source

Businesses are seeing large increases in insurance premiums for attempting to claim business interruption support. I have been contacted by a number of business owners who have been quoted huge increases in their insurance premiums even though they have made no claims other than those for business interruption as a result of Covid. Are insurance companies increasing premiums for businesses that attempt to claim for business disruption? How widespread is this problem and what steps are being taken to protect vulnerable businesses?

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