ANNOUNCEMENT: Lloyds Banking Group integrates our Benefits Calculator. Learn more.
The welfare system in the UK has hundreds (if not thousands) of interconnected benefits and emergency grants. Moreover, these benefits and grants are managed by the central, regional and local governments as well as charitable organisations. As a result, it is a formidable challenge to get a holistic view of all the benefits and grants available for vulnerable customers, and inevitably, millions of people are missing the benefits they are entitled to.
Inbest is the benefits calculator with the widest benefits coverage available in the market. We cover not only national benefits but also regional and local benefits, devolved benefits and emergency grants. Our wider benefits coverage puts an extra £100/month in the pockets of our customers.
Pamela Stewart, Deputy CEO at Advice Direct Scotland
Our wider benefits coverage also allows us to get a holistic view of the benefits our customers are entitled to. In this blog post, we will share the most common benefits our customers are entitled to.
Overall, 85% of our customers have an average benefits entitlement of £740/month and £330 in lump-sum payments. However, the benefits reach and entitlement change significantly according to their circumstances.
Households without children have an average benefits entitlement of £520/month and £250 in lump-sum payments.
Households with children have an average benefits entitlement of £965/month and £330 in lump-sum payments.
Households with a disabled member have an average benefits entitlement of £1,320/month and £310 in lump-sum payments.
We partner with financial firms, welfare advisers and money management apps to help people maximise their income and reduce their bills. Contact us to learn more about our benefits coverage and explore ways we can help your customers to get their benefits.