Compensation Schemes and Ombudsman Schemes

There are three Isle of Man compensation schemes (listed below) each of which covers specific types of financial services and products and may provide compensation in the event that the product or service provider goes out of business. If your product or service is not one of these there is no compensation scheme applicable.

Authorised Collective Investment Schemes

Bank deposits

Life Assurance

Consumers who have experienced problems with their provider should also refer to information about making complaints, the Isle of Man Financial Services Ombudsman Scheme and/ or the Isle of Man Pension Ombudsman Scheme as appropriate.