Insurance Post

FSCS steps in after broker goes bust

The Financial Services Compensation Scheme has announced it is stepping in to help customers of Your Health Plus Insurance Services of Bracknell after the firm went into administration. FSCS has now declared the firm in default.

In a statement this morning the FSCS said it may be able to pay compensation to those policyholders who paid premiums to the firm for the Safety Net insurance policy if Your Health Plus had not set up

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