FSCS in-default register

Oaklife Assurance Company Limited

Declared in default14 September 1993FRN 110419

What this means for you

Because Oaklife Assurance Company Limited has been declared in default, you can't complain via the Financial Ombudsman Service in the normal way. Instead, eligible customers can apply to the Financial Services Compensation Scheme for compensation.

Background

Oaklife Assurance Company Limited, registered with the Financial Conduct Authority under FRN 110419, was declared in default by the Financial Services Compensation Scheme on 14 September 1993. The firm's specific product offerings are not documented in available records. Eligible policyholders may be entitled to FSCS compensation, though applicable limits depend on the classification of their insurance policies.

Products this firm wrote

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How to claim

  1. Check you were a customer of this firm during the period it was regulated.
  2. Gather your policy / advice / contract paperwork — start with anything you have in writing.
  3. Identify your loss and the date it crystallised.
  4. Apply via the FSCS online claim portal at claims.fscs.org.uk.
  5. The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.