Protecting you and your family
Have you ever wondered what might happen if you passed away or became critically ill and couldn't financially provide for your family?
Life and Critical Illness Cover could be the answer. It’s a product provided by our protection partner, Legal & General. By understanding your finances and the needs of your dependents Legal & General can create a protection plan that will help take care of your loved ones.
The value of being a parent
In 2015 Legal & General identified the true value of being a parent. Parents may tend to take their wages into account when deciding on a level of cover, but they often don't consider the unpaid domestic work they do. You can’t put a value on being a parent but you can put a value on the work at hand. The research carried out by Legal & General revealed a few rather surprising statistics:
- £29,535* is the value of domestic work a Mum does each year. For Dad's it's £21,601*
- Parents said they spend £2429.96* on average each year on regular activities, pocket money, entertaining and treats on their children
With that in mind, have you ever stopped to consider what would happen if you weren't around? A protection plan from Legal & General will help you be financially prepared should the worst happen and give you that peace of mind.
*Based on Value of a Parent research conducted by L&G in September 2015: www.legalandgeneral.com/value-of-a-parent/2015Interested in Life and Critical Illness Cover? Find a branch
Just to make you aware, we offer a "restricted advice" service in relation to financial protection products which means we can only offer financial protection products from Legal & General.