Getting Financial Help after Losing a Loved One

June 26, 2016

Financial keyboard...
Losing a loved one, especially a partner, can be very difficult not only emotionally but also financially. But don’t fret because there are a number of bereavement benefits available for you. To find out if you are eligible, check out the information below.

  1. Bereavement payment – tax-free, lump sum payment for those under state pension when your partner dies.
  2. Bereavement allowance – taxable claim for those whose partners have paid national insurance contributions. He should also be below the state             pension age at the time of the death.
  3. Widowed parent’s allowance – allowance for those with at least one dependent child and is below state pension age.

To learn more, check this link.


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