Common use of Compensation Scheme Clause in Contracts

Compensation Scheme. Great Lakes Insurance SE is covered by the Financial Services Compensation Scheme (FSCS). You may be entitled to compensation from the scheme, if they cannot meet their obligations. This depends on the type of business and the circumstances of the claim. Most insurance contracts are covered for 90% of the claim with no upper limit. You can get more information about compensation scheme arrangements from the FSCS or visit xxx.xxxx.xxx.xx Data Protection Xxx 0000 Please note that any information provided to Us will be processed by Us and Our agents in compliance with the provisions of the Data Protection Xxx 0000, for the purpose of providing insurance and handling claims, if any, which may necessitate providing such information to third parties. We may also send the information in confidence for process to other companies acting on their instructions including those located outside the European Economic Area.