Some Interesting Stats for Single Parents Without Life Insurance

Some Interesting Stats for Single Parents Without Life Insurance

No one wants to talk about dying but life insurance is essential for single parents because children rely solely on you.

How would your children cope if you were too ill to work or, worse still, died unexpectedly?

If the worst happened how would you leave money to provide for your children?

Life insurance is essential when little ones rely solely on you to provide them with financial security and peace of mind.

A recent survey found that 69% of the 2.9 million single parent families in the UK don’t have life insurance.

It is evident that life insurance is essential for single parents when considering that 40% of children raised without a father live below the poverty line and 21% of children living with a father only also live in poverty.

In contrast, only 11% of children living with both parents were counted as poor.

Some Interesting Stats for Single Parents Without Life Insurance
Some Interesting Stats for Single Parents Without Life Insurance

Full cover Life Insurance for single parents is more affordable than you think.

As a sole household earner, it is down to you to maintain your mortgage and the lifestyle you want for your children.

Loss of income through incapacity or serious illness could have a major impact on this. In the event of your death, life insurance could pay off your mortgage, pay your rent and/or provide a salary for your children.

Life insurance can be as cheap as £10 a month when buying it through a broker.

Swapping your morning coffee for life insurance could help paying for food, mortgage or rent, utility bills, child care, school and everyday expenses for your children.

Life insurance companies only sell their own insurance packages, which can lead to higher costs. Alternatively, brokers compare all the insurances available and find the right fit for you.

Find out the best insurance for you right now.

Here’s How You Do It:

Step 1: Click your gender below.

Step 2: Simply click “get quote” on the next screen. You will then have direct access to LifeInsuranceFinder.co.uk, one of the UK’s leading life insurance sites.