Common use of What Happens If We Cannot Meet Our Obligations Clause in Contracts

What Happens If We Cannot Meet Our Obligations. We are covered by the Financial Services Compensation Scheme (FSCS). You may be entitled to compensation from the Scheme if we cannot meet our obligations. This depends on the type of business and the circumstances of the claim. Insurance advising and arranging is covered for 100% of the first £2,000 and 90% of the remainder of the claim, without any upper limit. For compulsory classes of insurance, insurance advising and arranging is covered for 100% of the claim, without any upper limit. Further information about compensation scheme arrangements is available from the FSCS. Their address is: 0xx Xxxxx, Xxxxxx Xxxxxxxx, Portsoken Street, London, E1 8BN. Tel: 0000 000 0000 or, visit their website at xxx.XXXX.xxx.xx