171. Deputy John Lyons asked the Minister for Finance if, under legislation, financial institutions such as banks can waive the requirement for a customer to take out mortgage protection insurance in the event of the customer being turned down by three different insurance companies; the process a financial institution must follow if a consumer requests a waiver to mortgage protection insurance in this instance; and if there is an independent complaints procedure in the case of this waiver being denied. [29242/14]

Summary

171. Deputy John Lyons asked the Minister for Finance if, under legislation, financial institutions such as banks can waive the requirement for a customer to take out mortgage protection insurance in the event of the customer being turned down by three different insurance companies; the process a financial institution must follow if a consumer requests a waiver to mortgage protection insurance in this instance; and if there is an independent complaints procedure in the case of this waiver being denied. [29242/14]

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• Mortgage Protection Policies

  xml · EN · 8 July 2014

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