FSCS in-default register

Will Insurance Services Ltd

Declared in default7 October 2021FRN 306782

What this means for you

Because Will Insurance Services 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

Will Insurance Services Ltd, a UK-regulated insurance firm (FRN 306782), has been declared in default by the Financial Services Compensation Scheme as of 7 October 2021. The firm provided general insurance and contracts of insurance products to customers. Former policyholders may be entitled to compensation of up to 90% of their claim with no upper limit under FSCS protection rules for insurance intermediaries.

Products this firm wrote

General insuranceContracts of insurance

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.