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Life Insurance Policies

Dáil Éireann Debate, Thursday - 5 February 2015

Thursday, 5 February 2015

Questions (111)

Brian Stanley

Question:

111. Deputy Brian Stanley asked 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]

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Written answers

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.

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