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The value of a parent - Legal & General

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24<br />

financial priorities – VALUE OF A PARENT 2013 Research<br />

Opportunity<br />

10% <strong>of</strong> <strong>parent</strong>s said that if their partner were to die, they<br />

would give up work to look after the family. Without having<br />

protection in place, these <strong>parent</strong>s may have to rely on state<br />

benefits. How would your clients cope financially if they had<br />

to rely on state benefits? Would these be enough to maintain<br />

their current lifestyle?<br />

Also 26% <strong>of</strong> <strong>parent</strong>s said that they would rely on their children’s<br />

grand<strong>parent</strong>s to look after their children if they died. But is this<br />

a reliable long-term solution?<br />

“I want to be able to provide<br />

for my family, both now and<br />

if something happened to me.”

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