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PPI and JSA

Hello – I am a bit confused. If I take out PPI mortgage insurance and loose my job, will I still be able to claim JSA ? or will the say anything about the PPI payment ?

Comments

  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    Yes...the payment made to you is for paying your contracted debt repayments. You can still claim JSA. If you had income protection insurance then the payment would be taken into account when paying you income based JSA but you could still claim contributions based JSA for 6 months.
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
  • tedglen
    tedglen Posts: 39 Forumite
    how much would a 291 payment for my mortgage affect income based JSA ? if I have no other income
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