Related Article

THOUSANDS OF HOMEOWNERS DENIED PAYMENTS ON PAYMENT PROTECTION INSURANCE POLICES / JOHN GERAGHTY, CHARLIE WESTON AND BERNARD SHERIDAN DISCUSS 

From :

News at One on RTE Radio 1

Duration :

6 mins 25 secs (83 Credits)

Broadcast on :

10-Feb-2012 13:16:44

Keywords :

 

Abstract :

Staying with financial matters, the Central Bank is to carry out a review after it emerged that thousands of homeowners have been denied payments on insurance policies they took out in the event of them losing their jobs. Now these policies were designed to keep monthly payments going for a year, if the policyholder lost a job through redundancy, an accident or sickness. But the Irish Independent today reports that Insurers, in many cases, have refused to pay out when people were laid off. Now in a moment we'll have more on this from Charlie Weston, the Personal Finance Editor of the Irish Independent, but first this observation from John Geraghty of LA Brokers on the Insurance Policies. Bernard Sheridan is also joining us, he's Director of Consumer Protection at the Central Bank. Is there prima facie evidence of misselling Bernard Sheridan?

 

 

 

http://www.transcripts.ie/transcript/103043/Thousands-Of-Homeowners-Denied-Payments-On-Payment-Protection-Insurance-Polices--John-Geraghty-Charlie-Weston-And-Bernard-Sheridan-Discuss

 

 

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About LA Brokers

LABrokers became Ireland's first online discount broker in 1997. We specialize in selling discounted insurance products to residents of the Republic Of Ireland.

Our chief executive is John Geraghty, who has many years experience of looking after the Life Insurance, and related insurance requirements, of clients from all over Ireland. Our foundations are firmly based in our successful "real world" insurance brokerage practice in Greystones, Co. Wicklow.

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