FSCS in-default register

Summit Insurance & Financial Consultants Limited

Declared in default3 June 1997FRN 137060

What this means for you

Because Summit Insurance & Financial Consultants 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

Summit Insurance & Financial Consultants Limited, FRN 137060, was declared in default by the Financial Services Compensation Scheme on 3 June 1997. The firm provided financial consultancy and insurance services to customers. Former clients may be entitled to FSCS compensation of up to 90% of claims relating to insurance products, with no upper limit on compensation.

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.