P. J. Sheehan
Ceist:49 Mr. Sheehan asked the Minister for Industry and Commerce if he has satisfied himself that the calculations which have been issued by the underwriters to a policy holder for the life assurance policy (details supplied) are correct; whether in view of the fact he does not have any role to play in the day to day operation of insurance companies, these companies are allowed to operate without any form of supervision; if there is any licensing and policing body to protect the interests of people who take out life assurance policies; and if he has satisfied himself that all insurance brokers are qualified to provide advice to people who are investing their money with them; and if he will outline the means available to people to inquire as to whether a particular insurance broker is qualified to provide this financial advice.