Hi everyone!
This is my first post.
I’m claiming Universal Credit, with LCWRA due to ME/CFS diagnosis. I understand this gives me a ‘Work Allowance’ of £673 per month.
I also work part-time as self-employed. I earn £339 per month for this work.
I have an Income Protection Insurance (sickness) policy on which I can claim up to £204 per month if I choose to.
If I claimed on the IP Insurance, this would take my total monthly income to £543, which is less than the Work Allowance.
If I claim on the insurance policy, would this be counted as being supplemental income within the limit of the Work Allowance? Or would I be 'penalised' with a reduction in my UC payment?
Many thanks.
