Lexsure Knowledge Hub

The latest paragraphs for you to consider including in your Terms & Conditions.

Text for Terms & Conditions

T's & C's: Client Account Funds and Financial Services Compensation Scheme (FSCS) Protection

Change date
24/06/2025
Word count
200
Deployment measure
9/10
Rationale

Deals with situations where client funds are held in regulated bank accounts, with FSCS protection limited to £85,000 per person or small company per institution. The firm is unlikely to be liable for any bank failure, and larger companies are not FSCS-eligible.

To view the full text:

Other texts related to Terms and Conditions