Search for rebuilding ireland home loan segment:7965249 (KildareStreet.com)

Written Answers — Department of Housing, Planning, and Local Government: Insurance Industry (15 Jun 2021): Pearse Doherty: 630. To ask the Minister for Housing, Planning, and Local Government the average cost of the local authority mortgage protection insurance scheme through the Rebuilding Ireland home loan scheme; the way it compares to the average cost of mortgage protection insurance in the Irish market; and if he will make a statement on the matter. [31760/21]
Written Answers — Department of Housing, Planning, and Local Government: Insurance Industry (15 Jun 2021): Darragh O'Brien: The local authority mortgage protection insurance (MPI) scheme applies to all Rebuilding Ireland Home Loans and is charged at the rate of 0.555%. This is added to the overall cost of the loan. It is important to note that the local authority MPI scheme covers disability as well as death and that the disability cover is for the full period of the disability and not just 12 months as is the...

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