Lakeland Insurance Service Limited
Declared in default14 May 2012FRN 150122
What this means for you
Because Lakeland Insurance Service 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
Lakeland Insurance Service Limited (FRN 150122) was declared in default by the Financial Services Compensation Scheme on 14 May 2012. The firm's specific product offerings cannot be determined from available data. Former customers may be entitled to FSCS compensation of up to 90% of their claim with no upper limit, in line with standard insurance intermediary 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.