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Intermediary customers in line for FSCS payout

Five insurance intermediary firms have been declared in default

Former customers of five insurance intermediaries may be entitled to compensation from the Financial Services Compensation Scheme (FSCS).

The FSCS said that the firms, which specialised in arranging and advising on general insurance policies, have been declared in default and that it has now started paying claims against them.

Customers who lost money through dealings with any of the following five firms may be eligible for 100% of the first £2,000 and 90% of the balance of their claim, with no

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