In short
The FCA is the UK regulator that authorises and supervises firms which advise on or arrange insurance and other financial products.
The Financial Conduct Authority, or FCA, is the body responsible for regulating financial services firms in the UK, including insurance brokers and advisers. Firms that arrange or advise on protection insurance must be authorised and regulated by the FCA and follow its rules.
FCA rules are designed to protect consumers, for example by requiring fair treatment, clear information, and a cancellation right on pure protection policies. Life insurance and similar contracts come with a 30-day cancellation period under those rules.
You can check whether a firm is authorised on the FCA's public register. Dealing with an FCA-regulated firm also means access to the Financial Ombudsman Service if a complaint cannot be resolved directly.
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