Premium refunds soon to be made to customers of European Risk Insurance Company hf

5th August 2015

Policyholders of the European Risk Insurance Company hf (ERIC) who are entitled to a refund of their premium can expect to receive this by the end of September.

The Financial Services Compensation Scheme (FSCS) is reviewing policy information from ERIC to determine which policyholders qualify for a refund of their premium.  FSCS calculates compensation at 90% of the unused premium, and will pay this by cheque.

For further information please refer to our ERIC Q&As. If you have any other queries please contact our Customer Services Team by email at  You can also phone them on Freephone 0800 678 1100 or 0207 741 4100.