Privacy Policy

How we handle your personal information

Last Updated: January 2025

Who We Are

Skip the Deposit Limited is a deposit replacement insurance provider authorized and regulated by the Financial Conduct Authority (FCA). We are committed to protecting your privacy and handling your personal data in accordance with UK GDPR and the Data Protection Act 2018.

Company: Skip the Deposit Limited

FCA Number: [FCA Number]

ICO Registration: [ICO Number]

What Information We Collect

We collect and process personal data necessary to provide you with deposit replacement insurance:

  • Personal details (name, date of birth, contact information)
  • Financial information (income, employment, bank details)
  • Property and tenancy information
  • Credit reference and identity verification data
  • Website usage and technical data

How We Use Your Information

Insurance Services

To provide quotes, underwrite policies, and handle claims

Verification & Fraud Prevention

To verify your identity and prevent fraudulent activity

Legal Compliance

To meet our legal and regulatory obligations

Who We Share Your Data With

We may share your information with:

  • Insurance underwriters and reinsurers
  • Credit reference agencies (Experian, Equifax, TransUnion)
  • Fraud prevention agencies
  • Payment processors
  • Landlords and letting agents (as required)
  • Legal and regulatory authorities
  • Professional advisers (lawyers, accountants)

Your Rights

Under UK GDPR, you have the right to:

  • Access your personal data
  • Correct inaccurate data
  • Request deletion (subject to legal obligations)
  • Restrict processing
  • Data portability
  • Object to processing
  • Withdraw consent

See our GDPR page for more details.

Data Security

We implement industry-standard security measures including encryption, secure servers, access controls, and regular security audits to protect your data from unauthorized access or disclosure.

How Long We Keep Your Data

We retain your data for 7 years after your policy ends, in line with insurance industry requirements and FCA regulations. Some data may be kept longer if required by law.

Contact Us

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