FSCS in-default register

Sealea Insurance Services Limited T/A Oaklands Ins

Declared in default20 October 2006FRN 150032

What this means for you

Because Sealea Insurance Services Limited T/A Oaklands Ins 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

Sealea Insurance Services Limited, trading as Oaklands Ins (FRN: 150032), was declared in default by the FSCS on 20 October 2006. The firm's primary business involved the provision of insurance products to customers. Former customers who held insurance policies with the firm may be entitled to FSCS compensation of up to 90% of their claim with no upper limit.

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.