Finian McGrath (Dublin North Central, Independent)
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Question 109: To ask the Minister for Finance if he will support the case of a person (details supplied). [46076/09]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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The decision to provide any specific form of insurance cover and the price at which it is offered is a commercial matter based on the assessment an insurer will make of the risks involved. This risk assessment process which insurance companies apply is essential if a company is to be able to provide its services over the longer term and continue to remain solvent. Unfortunately, this means on occasions they have difficulty approving certain types of business because the risk of claims based on previous experience is too high. The availability of loan protection insurance or death benefit insurance for credit union savers is a matter for each credit union to arrange for its members. I understand that a number of insurance companies provide Loan Protection & Life Savings insurance for credit unions. The Deputy might advise the person enquiring that he should contact his own credit union for details of the insurance products available that are most suited to his case. Alternatively, he could contact one of the credit union representative bodies directly - contact details of which are set out below.