FSCS in-default register

Choices Insurance Ltd

Declared in default2 April 2019FRN 304443

What this means for you

Because Choices Insurance Ltd 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

Choices Insurance Ltd, which operated under the trading name Choices Insurance Marketing Ltd and held FRN 304443, has been declared in default by the Financial Services Compensation Scheme as of 2 April 2019. The firm's specific product offerings cannot be determined from available records. Former customers may be entitled to FSCS compensation depending on the type of insurance product held, with eligible claims typically covered at 90% of losses without a financial cap.

Products this firm wrote

--

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.