What is the value of a Mum?

£32,032 a year - that's the value of a mum!

In our 'Value of a Parent' research 2011 it was highlighted that the average value of a Mum was over £32,000 a year. From the parents that participated in the research, only 54% had life insurance. The research was carried out on Legal & General's behalf between 4 and 11 January 2011.

We found that the value of the work that Mums do around the home is £32,032, that's 40% higher than Dads, who come in at £21,306.

The value of a Mum is sometimes overlooked when families try to work out their life insurance needs. The research also highlights that the average family spends £143 a week on the children, which equates to around £572 per month or £133,848 over 18 years.

If Mum was no longer alive where would that £133,848 needed to pay for domestic work and child-care come from? Who would fill the gap and help maintain the families living standards should the worst happen?

Why not take the first steps in helping to provide financial security for your family - get a quote for cheap life insurance today and you could be covered in minutes! Our premiums start from just £6 a month and offer:

  • Premiums that are guaranteed to stay fixed throughout your policy (unless you alter your plan)
  • Terminal illness included at no extra cost
  • Award winning cover - we've won a number of industry awards, including Best Life Protection Provider, in 2011 at the Money Marketing Financial Services Awards.

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