The value of a parent - Legal & General
The value of a parent - Legal & General
The value of a parent - Legal & General
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22<br />
financial priorities – VALUE OF A PARENT 2013 Research<br />
COPING FINANCIALLY IF A PARENT BECAME<br />
ILL OR DISABLED<br />
Make cutbacks/reduce spending<br />
52%<br />
Employer covers sickness pay<br />
for a certain period <strong>of</strong> time<br />
Rely on savings<br />
Rely on state benefits<br />
36%<br />
34%<br />
33%<br />
Rely on partner’s wage<br />
26%<br />
Relatives would help<br />
Claim on insurance policy<br />
20%<br />
19%<br />
Partner not working already<br />
6%<br />
Don’t know<br />
11%<br />
0 15 30 45 60<br />
Percentage<br />
Opportunity<br />
33% <strong>of</strong> the <strong>parent</strong>s we surveyed said they’d have to rely on<br />
state benefits if a <strong>parent</strong> became critically ill or disabled.<br />
Would they be able to maintain their lifestyle by relying on<br />
state benefits should the worst happen?
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