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Income Protection

scouselad1974

scouselad1974 Posts: 655 Forumite

16 November 2010 at 5:12PM in Insurance & life assurance

Hi Guys

Do you include Working Tax Credit as income whilst applying for income protection ?

Thank you in advance.

DMP mutual support thread member:327

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Comments

dunstonh Posts: 119,811 Forumite

16 November 2010 at 5:48PM edited 17 November 2010 at 10:34AM

I wouldn't include it as a) its not guaranteed. b) its not your earned income c) if you dont earn you get paid more of it.

I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.

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scouselad1974 Posts: 655 Forumite

17 November 2010 at 9:49AM

Thank you for your reply and thank you to everyone who PM me.

DMP mutual support thread member:327

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This discussion has been closed.

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