Burnell and Company ( Insurance) Limited
Declared in default10 September 1998FRN 125653
What this means for you
Because Burnell and Company ( Insurance) Limited has been declared in default, you can't complain via the Financial Ombudsman Service in the normal way. Instead, eligible customers can apply to the Financial Services Compensation Scheme for compensation.
Background
Burnell and Company (Insurance) Limited, registered as FRN 125653, was declared in default by the Financial Services Compensation Scheme on 10 September 1998. The firm provided insurance products to customers. Former policyholders may be entitled to compensation of up to 90 per cent of their claim, with no upper limit, under FSCS protection rules.
Products this firm wrote
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How to claim
- Check you were a customer of this firm during the period it was regulated.
- Gather your policy / advice / contract paperwork — start with anything you have in writing.
- Identify your loss and the date it crystallised.
- Apply via the FSCS online claim portal at claims.fscs.org.uk.
- The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.