| 1. The Financial Services Authority (FSA) The FSA
is the independent watchdog that regulates financial services. It
requires us to give you this document. Use this to decide if our
services are right for you.
2. Whose products do we offer?
We offer our own products as an insurance product provider. We offer
both Life Assurance products and General Insurance products.
3. Which service will we provide you with?
You will not receive advice or a recommendation from us.
4. What will you have to pay for our services?
As a product provider we do not charge fees for our services however
our charges are applied to the policy as part of the premium.
5. Who regulates us?
Isle of Man Assurance Limited is regulated by the
Financial Services Authority for UK business. Our FSA Register number is 142307.
Our permitted business in respect of General Insurance business is
arranging deals in non-investment insurance contracts and dealing as an
agent in non-investment insurance contracts.
The
Financial Services Authority does not supervise the management and
solvency of Isle of Man Assurance Limited, who are not subject to the
same regulatory system as that applicable in the United Kingdom.
You can
check this on the FSA’s Register by visiting the FSA’s website
www.fsa.gov.uk/register or by contacting the FSA on 0845 606 1234.
Isle of
Man Assurance Limited is an Isle of Man company authorised by the Isle
of Man Government Insurance and Pensions Authority.
6. What to do if you have a complaint.
If you wish to register a complaint please contact us.
Write to: The Compliance Director, Isle of Man
Assurance Ltd, IOMA House, Hope Street, Douglas, Isle of Man, IM1 1AP.
Telephone: 01624 681260
If you cannot settle your complaint with us, you may be entitled to
refer it to the Isle of Man Financial Services Ombudsman.
Isle of Man Financial Services Ombudsman
Isle of Man Office of Fair Trading
Government Building
Lord Street
Douglas
IM1 1LE 7. Are we covered by the Financial Services Compensation
Scheme (FSCS)? We are not covered by the FSCS which is the UK
scheme. |
