Benefit Entitlement

caprikid1

Good afternoon, bit of an odd one.

I have an unemployment / Income protection policy that in order to pay out requires me to claim / be in receipt of benefit.

On reflection I am not sure I would be now eligible to claim on the protection policy ? I had no intention of claiming for benefits hence the policy but I am woried I may be wasting my money.

Current Situation

1. Full time job earning ok (High tax rate) - Policy to partially replace this income.

2. 2 x BTL Earning c£20,000 Per annum

3. C £30,000 in savings

4. A LTD Company in my name making c£25,000 profit per annum.

5. Joint mortgage (Partner earns substantially more than me (Not married).

Am I missing something but there is no chance of of claiming any benefit and consequentially claiming on the policy ?

The policy is £85 a month so not a small amount of money on the off chance !.

elsien

Job seekers for the first 6 months if you lose your job.  Non-means tested. I had to apply for my policy to kick in.