British Assurance Consultant Limited
Declared in default25 June 2002FRN 134202
What this means for you
Because British Assurance Consultant 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
British Assurance Consultant Limited (FRN 134202) was declared in default by the FSCS on 25 June 2002. The firm's specific product offerings cannot be determined from available records. Former customers may be entitled to FSCS compensation, though the applicable limits depend on the financial products involved; typical coverage includes £85,000 for investments, mortgages, and deposits, or 90% of losses without limit for insurance products.
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.