| UPDATED: 22:24, Mon, Dec 14, 2020 Link copied Make the most of your money by signing up to our newsletter for FREE now SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they'll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. PIP is formally known as Personal Independence Payments, providing individuals with a sum of money to assist a variety of needs. PIP payments are directly targeted at supporting individuals with a long term health condition or disability, and can prove particularly useful in meeting a myriad of costs. As such, PIP claimants will often be looking for ways in which they can receive the most amount of financial support possible.