Appyling for Disability Benefit

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Dublin3124

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Hi all, my sister is applying for disability benefit and is filling out the form. She has given details of her bank accounts and credit union. My question is does she have to give details of prize bonds? It does not say anything about prize bonds but she is worried as she has a large amount of prize bonds. Should she put them down?
 
I would say yes, they are a form of savings product, it is cash she has access to so I think they should be disclosed.
 
Is she applying for Illness Benefit or Disability Allowance.
Illness Benefit is Not means tested so the savings would not be relevant
Disability Allowance is means tested so all savings would be relevant
 
Unless she has a lot of savings in Prize Bonds they may not affect her Allowance, however she should include all savings (although Prize Bonds are not specifically mentioned)
See Here:-

Means test Disability Allowance is a means-tested payment. To get the allowance your total means must be below a certain amount. The main items that count as means are: Cash income that you or your spouse, civil partner or cohabitant may have. More information is available in our document about cash income not included in the means test. Capital, for example, the value of savings, investments, shares, any property you may have (other than your own home). However, the first €50,000 of any capital you have is not taken into account. More information is available in our document about capital and social welfare payments.
 
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