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Galway East TD urges insurers to work fairly over business interruption insurance

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Galway East TD urges insurers to work fairly over business interruption insurance

Galway Bay fm newsroom - A Galway East TD is urging insurance companies to engage honestly and fairly over business interruption insurance during the Covid-19 crisis.

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Minister Seán Canney says many policy holders have encountered issues with insurers as a result of the pandemic.

The Independent TD asserts that insurers must follow the Central Bank's Consumer Protection Code when business owners make a claim in relation to Covid-19.

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It come as Minister for Finance Paschal Donohue has raised the issue with Insurance Ireland and the Central Bank has written to insurance industry officials to seek fair treatment for policyholders.

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Minister Canney says insurance companies must honour policies at a very stressful time for businesses...

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