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Home insurance for foster carers

10 key questions to ask a potential insurer

  1. I am a foster carer, do you apply any additional restrictions, reductions or exclusions to my policy?
  2. Do you cover my foster children’s possessions as contents of my home? Are there any non-standard restrictions, reductions or exclusions to this?
  3. Would you provide cover for any accidental damage caused to my buildings and contents by a foster child in my care?

Claiming benefits

Foster carers are approved rather than employed by their fostering service, and this status has a particular effect on means-tested benefits. In the main, fostering payments when a child is placed with a foster carer are disregarded when calculating welfare benefits.  Alternatively, foster carers may be able to claim Working Tax Credit because fostering is regarded as ‘work’ by HMRC when they have a child in placement.

Tax and National Insurance

All foster carers are treated as self-employed for tax purposes. There is a specific tax scheme foster carers can use called Qualifying Care Relief. The scheme calculates a generous tax threshold unique to the fostering household and when compared with their total fostering payments, determines if a foster carer has to pay any tax from their fostering or not. For many foster carers their total fostering payments are below their tax threshold and they do not have to pay any tax.  

Fees and allowances

Allowances

All foster carers receive a weekly fostering allowance which is designed to cover the cost of caring for a fostered child. This should cover food, clothes, toiletries and all other expenses incurred in looking after a fostered child.  

Foster Carer’s Professional Development

These training courses provide experienced foster carers with the opportunity to gain expertise. They will also provide social work teams with an opportunity to involve foster carers in the development of the fostering service.

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Event type: 
In-house training

Click on the course title to see a sample of the aims and objectives. Courses can be bought individually, or as a package.

Peer Mentoring

Aim

To provide an overview of a peer mentoring scheme

Region: 
Wales

These training courses provide experienced foster carers with the opportunity to gain expertise. They will also provide social work teams with an opportunity to involve foster carers in the development of the fostering service.

:
:
Event type: 
In-house training

Click on the course title to see a sample of the aims and objectives. Courses can be bought individually, or as a package.

Peer Mentoring

Aim

To provide an overview of a peer mentoring scheme

Region: 
Wales

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