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Initial Disclosure Document

Initial Disclosure Document

Introduction

Compariqo Limited is an Appointed Representative of Kay International PLC who are authorised and regulated by the Financial Conduct Authority No. 300468. You can check this on the FCA Register by visiting the FCA’s website www.fca.org.uk/register, or by contacting the FCA on 0800 111 6768. Compariqo Limited is an insurance intermediary.

Compariqo Limited: Registered office is: Victory House, 400 Pavilion Drive, Northampton, England, NN4 7PA. Registered in England under company registration No. 11463258.

Whose products do we offer?

As an independent intermediary we offer a wide range of insurance products and have access to many leading insurers. As such we are acting on your behalf in our dealings with you.

Which service will we provide you with?

3. This privacy policy applies only to the actions of Compariqo Limited and Users with respect to this Website. It does not extend to any websites that can be accessed from this Website including, but not limited to, any links we may provide to social media websites.

4. For purposes of the applicable Data Protection Laws, Compariqo Limited is the “data controller”. This means that Compariqo Limited determines the purposes for which, and the manner in which, your Data is processed

What will you have to pay us for our services?

We will receive our remuneration by one or more of the following methods:

It is our practice to add at our discretion an administration charge to your premium and this charge will be stated as a separate item on the documentation that we send to you before you are asked to commit to the arrangement of any insurance.
A commission payment from the insurer of your policy, which is included in the premium you pay.
We may charge fees for additional services which we carry out on your behalf. Any additional fees will be agreed with you in advance.
All instructions which we receive verbally or in writing from you or your representative are binding. Any remuneration arising from such instructions will be deemed to be earned in full. For the avoidance of doubt once our remuneration has been earned, in the event that the insurance is cancelled after inception, our fees or brokerage may not be returnable.

Protecting your money

Insurance premiums are paid to insurers directly by you.

Insurers will pay any commission entitlements before paying premiums to the insurer.

Data Protection

Where personal information is collected about individuals in connection with the arranging of insurance, this information will be collected and processed in accordance with our Privacy Policy which can be viewed on our website https://compariqo.com/privacy-policy-2. Alternatively, you can contact us for a copy.

What to do if you have a complaint?

If you wish to register a complaint, please contact us:

In writing to – The Compliance Officer, Compariqo Limited, Victory House, 400 Pavilion Drive, Northampton, England, NN4 7PA
By emailing – The Compliance Officer at mark.griffin@compariqo.com
By telephoning – 0203 905 5238
If you cannot settle your complaint with us, you are entitled to refer it to the Financial Ombudsman Service.

By writing to – The Financial Ombudsman Exchange Tower, Harbour Exchange Square, London, E14 9SR.
By the internet – www.financial-ombudsman.org.uk.
By telephone – 0845 080 1800.
OR via the Online Dispute Resolution

(https://webgate.ec.europa.eu/odr/main/index.cfm?event=main.home.show&lng=EN)
The Online Dispute Resolution website is an official website managed by the European Commission dedicated to helping consumers and traders resolve their disputes out-of-court. If you have had a problem with something that you have bought on line, you can use this site if you live in the EU and the trader is based in the EU.

Are we covered by the Financial Services Compensation Scheme (FSCS)?

Compariqo Limited is covered by the FSCS. You may be entitled to compensation from the scheme if they cannot meet their obligations. This depends on the type of business and the circumstances of the claim. Insurance advising and arranging is covered for 90% of the claim, without any upper limit. Further information about compensation scheme arrangements is available from the FSCS.

Meeting your Demands and Needs

The structural warranty and insurance cover that we can source meets the demands and needs of a customer requiring protection in respect of latent defects in the design, workmanship, materials or components, which arise during construction, conversion or renovation, but are not discovered until after completion of the home, or homes typically for a period of 10 years.

By proceeding to purchase the policy, you will have come to your own decision that this particular product, for a warranty provider meets your demands and needs and are therefore happy to proceed and purchase the cover.

We research the market, so you don’t have to

We research the market, so you don’t have to