Because funeral plans are regulated by the FCA this means that when you purchase a funeral plan from us your funeral plan will automatically become FSCS protected.
The Financial Services Compensation Scheme exists to protect customers of financial services firms that have failed. If an authorised firm goes out of business and can’t pay claims against it (or is likely to be unable to), they can step in to pay compensation to customers that incur financial losses.
For all types of funeral plan claims, customers are protected up to £85,000 per eligible person, per firm.
If you require any further information about regulation please get in touch.