Brian Stanley (Laois-Offaly, Sinn Fein)
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111. To ask the Minister for Finance the income that can be taken into account as guaranteed lifetime income when drawing down a life insurance policy. [5209/15]

Michael Noonan (Limerick City, Fine Gael)
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I have consulted with the Central Bank of Ireland and Insurance Ireland regarding this matter.  Both bodies have advised that the question of guaranteed lifetime income does not apply to life insurance policies.