FSCS in-default register

Security And Annuity Life Limited (In Luiquidation)

Declared in default20 December 1995FRN 153429

What this means for you

Because Security And Annuity Life Limited (In Luiquidation) 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

Security And Annuity Life Limited (FRN 153429) was declared in default by the Financial Services Compensation Scheme on 20 December 1995. The firm, which operated without trading names, provided life insurance products to customers. Former policyholders may be entitled to compensation of up to 90 per cent of their claim with no upper limit under FSCS protection.

Products this firm wrote

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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.