FSCS in-default register

Saunders Insurance Services

Declared in default16 October 2000FRN 138144

What this means for you

Because Saunders Insurance Services 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

Saunders Insurance Services (FRN 138144) was declared in default by the FSCS on 16 October 2000. The firm's specific product lines are not recorded in available regulatory data. Former customers may be eligible for FSCS compensation, though entitlements depend on the type of insurance product held, with coverage generally capped at 90% of claims.

Products this firm wrote

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How to claim

  1. Check you were a customer of this firm during the period it was regulated.
  2. Gather your policy / advice / contract paperwork — start with anything you have in writing.
  3. Identify your loss and the date it crystallised.
  4. Apply via the FSCS online claim portal at claims.fscs.org.uk.
  5. The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.