Commence the 'Consumer Insurance Contracts Act 2019' to protect small business owners, car users, and childcare providers from unfair insurance practices, before it's too late.
Why is this important?
The insurance industry wreaks havoc on so many aspects of Irish life. Thanks to skyrocketing premiums; people have been put off the road, childcare has become too expensive, and small businesses are struggling to survive.
A new law called the ‘Consumer Insurance Contracts Bill’ could help tilt the balance back towards ordinary people.
But, even though the law has been passed and signed by the president - the sitting Minister for Finance says he won’t sign it because the insurance companies ‘could quit the market’.
It seems the Minister is forgetting just how many drivers, small business owners and childcare centres are urgently at risk of losing everything because of massive insurance bills.