WHAT IS THE WIDOWED PARENT’S ALLOWANCE?

The Widowed Parent’s Allowance (WPA) is an amount of payment that the government pays to either the husband or wife as a means for support when either parent dies. In case you and your partner had children, the WPA offers payments until they are of legal age, which is commonly 18 or 20 years.

To receive these payments, the partner who died must have been paying a particular amount of National Insurance contributions per month and had signed away the rights to receive these as future benefits.  

CHANGES IN THE WPA

Recently, the government made significant changes in the WPA, which are crucial to understanding to protect your family should the worst happen. Under the old guidelines, partners and children of people who passed before 6th April 2017 are eligible for specific weekly payments until the determined age. It paid along with one-time tax-free payments.

The new guidelines are now under the Bereavement Payment Support (BPS). It is eligible for wives of husbands whose partner passed after 6th April 2017 due to either a disease or accident that was work-related. Further, they must have been paying National Insurance for a minimum of 25 weeks.

As the beneficiary, you must have been living in the country and under State Pension age. The new rules also exclude payments to partners in prison.   

WHAT DOES THIS MEAN FOR YOU AND YOUR FAMILY

As you can see, the changes made to the WPA are major, and it is crucial to comprehend what they mean for your family. Current studies report that the new terms have worsened the situation, which implies that people should look into acquiring another form of insurance protection, in addition to the BPS. For example, life insurance protection is static and will ensure the family without strict terms.



We would recommend you to talk to one of our advisers for life insurance quotes.
Any quote that your adviser provides you with will take into account your circumstances, your medical history, as well as your budget!
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