Less than a third of first-time parents have life insurance

May 11, 2020
The amount expectant parents are spending on preparing for their new arrival is up 18% since 2012, a study1 has found. According to the research, the average spend is now £1,645. But there appears to be one thing that the majority of parents-to-be are forgetting – life insurance. In fact, just 27% of new parents are financially protected if one of them were to die.
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