Compensation
Insurance Choice is covered by the Financial Services Compensation Scheme (FSCS). In the unlikely event that any firm providing insurance goes out of business or in to liquidation, you may be entitled to compensation from this scheme. Generally the FSCS will arrange to transfer a policy to another insurer, provided a new policy, or if these actions are not possible, provide compensation. Compensation for compulsory classes of insurance is covered in full. For other classes of insurance, the FSCS will meet the first £2,000 of a claim in full and 90% of the rest of the claim or value of unused premiums. Further information about the compensation scheme arrangements is available from the FSCS at 7th Floor, Lloyds Chambers, Portsoken Street, London E1 8BN. Tel: 020 7892 7300 or from their website at http://www.fscs.org.uk/