FSCS in-default register

McDonald Insurance Services Limited

Declared in default9 August 2013FRN 136877

What this means for you

Because McDonald Insurance Services 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

McDonald Insurance Services Limited (FRN 136877) has been declared in default by the FSCS as of 9 August 2013. The firm's specific product offerings cannot be determined from available data. Eligible customers may claim compensation under the FSCS scheme, though the precise limits applicable depend on the insurance products involved, potentially covering up to 90% of claims with no upper limit depending on the product category.

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.