Bernard Durkan (Kildare North, Fine Gael)
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To ask the Minister for Finance the extent to which his Department continues to be kept up to date in respect of the level of default by insurance companies with particular reference to mortgage or other debt protection; and if he will make a statement on the matter. [50803/12]

Michael Noonan (Limerick City, Fine Gael)
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My Department does not keep up to date information on the level of default by insurance companies with particular reference to mortgage or other debt protection. I have made enquiries with the Central Bank about this matter which I understand relates to cases such as where a couple has mortgage protection insurance policy and then fall on hard times and as a result can no longer afford to pay for the protection and/or who make a claim which is rejected.

The Central Bank has informed me that it does not collect this information.

Finally, it should be noted that if a policyholder has a complaint about an insurance company not honouring a claim on a policy, they can refer the matter to the Financial Services Ombudsman for adjudication .