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Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

Sch. 6 para. 24(1A) words inserted by Social Security (Income and Capital Disregards) 2026 reg. 3(8)(a)
Sch. 6 para. 24(2)-(5) words substituted by Social Security (Income and Capital Disregards) 2026 reg. 3(8)(b)
Sch. 6 para. 24(6) words substituted by Social Security (Income and Capital Disregards) 2026 reg. 3(8)(b)

The surrender value of any policy of life insurance.

Notes on Schedule 6

Modifications

C1: Sch. 6 modified (22.11.2010) by The Jobseekers Allowance (Work for Your Benefit Pilot Scheme) Regulations 2010 (S.I. 2010/1222), regs. 1(2), 17