125 Deputy Mary Upton asked the Minister for Finance if his attention has been drawn to the more stringent criteria being operated by financial institutions with respect to mortgage protection policies, even for existing mortgages and policies, in particular that a credit institution (details supplied) guaranteed by the State, has increased the amount of time a policy holder must wait before making a claim in the event of accident, job loss or long-term illness; his views on whether such changes are inappropriate, particularly for existing policy holders; the action he will take to prevent such arbitrary changes to mortgage protection policies; and if he will make a statement on the matter. [37697/09]

Summary

125 Deputy Mary Upton asked the Minister for Finance if his attention has been drawn to the more stringent criteria being operated by financial institutions with respect to mortgage protection policies, even for existing mortgages and policies, in particular that a credit institution (details supplied) guaranteed by the State, has increased the amount of time a policy holder must wait before making a claim in the event of accident, job loss or long-term illness; his views on whether such changes are inappropriate, particularly for existing policy holders; the action he will take to prevent such arbitrary changes to mortgage protection policies; and if he will make a statement on the matter. [37697/09]

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• Financial Services Regulation.

  xml · EN · 3 November 2009

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