Signing on and refusing jobs that are too little money

honeypop

mr.skint wrote: »

well if its based on martgage alone,it wont work for me,i don't have a mortgage

I think that whole explanation was based on 'mortgage payment protection insurance' which is different to the 'income protection insurance' I mentioned in my OP.

The income insurance pays out a lump sum per month (after meeting certain criteria like mentioned in the other post) with which you can do what you like, but usually pay mortgage/rent, bills, monthly loan payments etc while you can't work. With MPPI it is solely for mortgage payments, with income protection it just gives you 'income' to use for whatever you normally use your income for.

Yes there are guidelines like must have been employed for at least 6 months with no more than 2 weeks between employment changes, and they don't pay out for one month after being out of work and only on evidence of signing on, but they are all logical and sensible guidelines, nothing to catch people out with.

mr.skint_5

Lynn11 wrote: »

If you sign on JSA they pay your NI contributions a low rate until you start your new job. You need to weigh up your options and see if you are better off not signing on and just using your insurance with no income coming in. I am lucky that my husband's job pays most or all of the bills, so it is ok that I am receiving JSA at the moment until my new job starts.

well i am doing that right now.i don't have insurence based on my income,didn't know i could get such insurence. my wife still works but its less than 16 hours aweek.so as a resault we have lost all working tax credit.so survive by means of JSA ,wifes earnings & the few remaining benefits entitaled to us left.

honeypop

Lynn11 wrote: »

You need to weigh up your options and see if you are better off not signing on and just using your insurance with no income coming in. I am lucky that my husband's job pays most or all of the bills, so it is ok that I am receiving JSA at the moment until my new job starts.

As my OP says, I have to sign on in order to prove I am out of work for the insurance to pay out. This is why I wouldn't take a lower paid job from the jobcentre than what the insurance can give me for the duration that lasts, and by the time that 6 months passes I will about to give birth and no longer looking for work at that point.


Anyhoo, as an update, had meeting today as it was the end of my 5 day consultation period, I am to work my 3 months notice at full pay but only 1 or 2 days a week as thats all they need me for due to lack of work. I am going to look for another full-time job and if I get offered something to start before the end of the notice period then they are going to let me go earlier, so providing that happens before the 3 months is up then I won't have a gap in employment and won't need to sign on or claim on the insurance at all. Good to know it's there to fall back on, but fingers crossed I can find something at a suitable salary within 3 months, not necessarily at the same money I'm on now but still enough to cover my outgoings obviously. And knowing I have 3 months until things get desperate puts my mind at rest a bit more.