Insurance Options Limited
Declared in default26 February 2013FRN 143873
What this means for you
Because Insurance Options 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
Insurance Options Limited (FRN 143873) has been declared in default by the Financial Services Compensation Scheme (FSCS) as of 26 February 2013. The firm's product types were not specified in available records. Former customers may be entitled to FSCS compensation, though the specific limits depend on the financial products they held with the firm.
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.