Protection: Only 25% of families are covered if the worst happens

Only 25% of families are protected if the worst happensThe number of parents who have adequate protection should they die or become seriously ill is falling to dangerously low levels. Parents with dependent children have a number of options to ensure their family can cope financially in the event of serious illness or death; these include Life Cover, Critical Illness Cover and Income Replacement, also known as Permanent Health Insurance of PHI. However the research from Scottish Widows shows that the number of adults protecting their family is falling: Only 24% of adults ...