Our children are our most precious asset. So why don’t we protect them in the same way as everything else we treasure?
It might just be me, but why is it that when the subject of life insurance or Serious Illness Cover comes up, the focus always seems to be exclusively on adults? We all say and sincerely mean that there’s nothing we wouldn’t do for our children. So the fact that they are rarely even considered for inclusion on life insurance seems puzzling.
Everyday hazards affect adults and children alike. For instance, there are around 1,900 new children’s cancer cases in the UK every year, that’s around five every day. We may not like to think about these things, but the sad truth is that they do happen.
The impact of such events on a family is profound, not to mention the pressure it can put on finances, further adding to the considerable stress these situations produce. You should ask yourself whether you could currently afford, in monetary terms, to take a few months off work to help nurse their child back to health? Would you even want to work at such a time, anyway?
So there’s a lot to be said for taking another look at their life cover, to make sure it also extends to their children. Most providers will provide the same market leading cover as an adult, covering more illnesses than any other critical illness plan in the market.
I am an Independent Financial and Mortgage Adviser and have worked in Financial Services for over 12 years. During my career I gained experience in assisting both individual and corporate clients.…
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