Ideal Insurance Services (Ideal), an insurance broker based at offices at Oak House, High Street, Chorley, Lancashire PR7 1DW, is no longer authorised to conduct any activity regulated by us.

Ideal traded nationally and sold a variety of insurance products to individuals and small businesses – such as hotels and pubs.

We have reason to believe that, in some instances, customer premiums for insurance cover may not have been passed on to the insurer. Ideal may also have cancelled policies without informing customers. Any customer in this position may not have valid insurance cover in place.

Some types of insurance, such as professional indemnity or public and employers' liability insurance, may be required by law for certain businesses.

Potentially, any customer who took out an insurance product or package through Ideal Insurance Services Limited.

If you are a customer of Ideal and are in any doubt as to whether you have valid insurance, you are strongly advised to contact the insurance company with whom you believe your policy is held to check.

If you discover you are not covered you should take immediate steps to arrange new cover.

You should also contact the Customer Services Team of the Financial Services Compensation Scheme (FSCS), which may be able to consider claims for compensation in relation to premiums paid to this firm.

You can contact the FSCS Customer Services Team as follows:

Telephone: 0207 892 7300, or

Write to: The Financial Services Compensation Scheme, Customer Services Team, 7th Floor, Lloyds Chambers, 1 Portsoken Street, London, E1 8BN, or

Email: enquiries@fscs.org.uk

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