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Dáil Éireann debate -
Thursday, 4 Jun 1992

Vol. 420 No. 7

Written Answers. - Insurance Companies' Policies Information.

Bernard J. Durkan

Question:

57 Mr. Durkan asked the Minister for Industry and Commerce if he has ever received precise information from insurance companies as to (a) the value of policies taken out for loan security purposes (b) the proportion of such policies which might have been the subject of early encashment and (c) the average proportion of full benefits paid in the event of early encashment; and if he will make a statement on the matter.

Authorised life insurers are not required to submit the information in the form sought by the Deputy in their annual returns to my Department.

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