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What is the Financial Services Compensation Scheme (FSCS)? Am I eligible and protected under the scheme?

The FSCS is the compensation scheme for UK policyholders. The FSCS can compensate customers if a firm has stopped trading or does not have enough assets to pay claims made against it. BCD policyholders insured with LAMP Insurance will be eligible to claim under the FSCS.
fscs.org.uk/