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Great news regarding Setanta insurance claims.

  • 30-01-2018 11:56pm
    #1
    punisher5112
    Registered Users, Registered Users 2 Posts: 24,644 ✭✭✭✭


    Great news as it has to start being sorted now as our government buddies were on the news earlier stating costs and how anyone of the under 1600 claims will get 100% of what they are owed.


    I've been waiting over 6 years for this.


    Delighted but really hope there are no more hold ups.


Comments

  • #2
    seanin4711
    Registered Users, Registered Users 2 Posts: 3,202 ✭✭✭seanin4711


    Watch the premiums jump yet again

    I understood that this was the reasoning that the premiums started to creep up crazily over the last few years,now it looks like we are going to need Vaseline once more


  • #3
    punisher5112
    Registered Users, Registered Users 2 Posts: 24,644 ✭✭✭✭punisher5112


    seanin4711 wrote: »
    Watch the premiums jump yet again

    I understood that this was the reasoning that the premiums started to creep up crazily over the last few years,now it looks like we are going to need Vaseline once more

    It's a crazy set up but having a company registered in Malta and regulated there with only Irish on its books should have screamed..... Danger danger.


    My insurance has gone from €1k to €1970 since 2015.


  • #4
    Sue Pa Key Pa
    Closed Accounts Posts: 2,060 ✭✭✭Sue Pa Key Pa


    seanin4711 wrote: »
    Watch the premiums jump yet again

    It shouldn't. The Government is actually dipping in to the Insurance Compensation Fund (levy) that it has being coining for decades. This is one of the purposes that it was designed for, but assumed the position of nice little earner for them.


  • #5
    booooonzo
    Registered Users, Registered Users 2 Posts: 478 ✭✭booooonzo


    any idea how you get a refund or will it just be issued
    I've received letters in the past years but ignored them as i assumed nothing would come of it!


  • #6
    punisher5112
    Registered Users, Registered Users 2 Posts: 24,644 ✭✭✭✭punisher5112


    booooonzo wrote: »
    any idea how you get a refund or will it just be issued
    I've received letters in the past years but ignored them as i assumed nothing would come of it!

    I believe the receivers will be in touch just like before.

    100% of claim is now on the table as before it was less but still worth something to those badly effected.

    It's been some wait.

    If you have a claim they must pay out what ever it is.

    If you need a solicitor I've one worth contacting over it as they are working on my behalf.


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  • #7
    Sue Pa Key Pa
    Closed Accounts Posts: 2,060 ✭✭✭Sue Pa Key Pa


    booooonzo wrote:
    any idea how you get a refund or will it just be issued I've received letters in the past years but ignored them as i assumed nothing would come of it!


    Are you talking about a refund of premium? I don't think that's happening. Open to correction though


  • #8
    Kuva
    Closed Accounts Posts: 870 ✭✭✭Kuva


    punisher5112 wrote: »
    It's a crazy set up but having a company registered in Malta and regulated there with only Irish on its books should have screamed..... Danger danger
    Unless somethings changed, they're still here.

    Insured my dad with 1 of them last year, not this year, I expect them to bail coming up to 2 years in business.


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