Women are not protecting themselves against the worst despite being more financially important to their families than ever, new research says.
The study from AXA also shows that many women are unaware of their importance of to family finances as 37% believe they "don't need" cover. It further reveals just over a third (38%) of women have any life insurance and only one in five (18%) own critical illness cover. This is despite their growing role in supporting family costs. The survey finds the average working woman with financially dependant children will be carrying out a combination of paid and unpaid work totaling just over £45,000 per year, and for those not in employment, their worth around the home is approximately £...
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