Should anything happen to SquaredFinancial, which causes the company to close or become insolvent, clients are covered by our Lloyd’s of London insurance policy, which provides:
All SquaredFinancial’s clients whose funds are held in segregated accounts.
Funds which are transferred to SquaredFinancial are kept in segregated accounts which are held in trust with the client being the main beneficiary. These accounts are separate from any SquaredFinancial corporate accounts.
In the very unlikely event that SquaredFinancial is declared insolvent, clients who have deposited funds in a SquaredFinancial segregated account would have this repaid by the policy to a maximum of US$1 million per client, subject to the claim being approved by the insurer and meeting the terms and conditions.
For more information about our Evidence of Cover, please view our Insurance Certificate.