Ministers McGrath and Carroll MacNeill welcome new Insurance Code for Cancer Survivors as an important step

“We note the announcement by the insurance industry of a new Code of Practice for Cancer Survivors when applying for life insurance products. This is an important step in helping to address this highly sensitive and important issue. With significant advances in cancer care in recent years, it is essential that financial services providers reflect this progress in their product provision. Recently, when we jointly met with senior representatives of the insurance industry, we pressed the importance of this issue to cancer survivors and the significance that Government places on this issue. We will examine the details of the code when it is published and will closely monitor its impact as we assess what additional actions may be needed to progress this important matter.”

“I also want to acknowledge the very positive role the Irish Cancer Society, who I also met recently, has played in consistently raising this issue and Senator Catherine Ardagh for bringing forward the Central Bank (Amendment) Bill 2022.”

“The issue of access to financial services for cancer survivors, notably mortgage protection insurance, is a key priority of Government. It is therefore important to take the time to fully reflect on this proposal from industry in order to assess whether it delivers the necessary outcomes."