Insurance payments

When you need to tell us

You need to tell us if you get an insurance payment for any of the following:

• income replacement insurance - whether you are paid this weekly or as a lump sum. If you invest the money and earn interest, this will be counted as income and you have to tell us about it
• mortgage protection - only if you get Accommodation Supplement
• health and disability - only payments for general expenses while in hospital, not for medical expenses
• debt insurance - only if you get for Accommodation Supplement, Temporary Additional Support or Special Benefit
• loan protection insurance - only if payments are taken directly from your bank account (you don't get to make payments) or if you get Temporary Additional Support or Special Benefit
• life insurance - only if you invest the money (includes a bonus or if you give up policy early)
• fire and general protection policies - only if you invest the money and earn interest, this will be counted as income and you have to tell us about it
• after a severe weather event – you need to tell us these payments, but it may not affect your payment from us for 12 months, find out more about payments relating to a severe weather event.

How to tell us

You need to contact us

How your benefit will be affected

You can check how your income will affect your benefit using the income deduction tables.