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Insurance payout

ByJimminy · 2013-08-12 22:30:00

Does the payout from a life insurance policy count as savings in the eyes of the DSS?

12-08-2013 10:30pm

#1

ByJimminy

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Does the payout from a life insurance policy count as savings in the eyes of the DSS?

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Comments

#2 12-08-2013 10:33pm

Forest Demon

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As far as I know it does not matter where the money comes from when you are on means tested benefits. If you have more than 20k it affects jobseekers. If you have more then 5k it affects rent allowance or fuel allowance.

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#3 13-08-2013 10:50am

danjo-xx

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It counts for any means tested allowance that you might claim but wouldn't count for any Benefit claim.

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