How much are you worth?
I don’t mean how much is in your bank account. I mean the job you do, the money you provide for your family.
It seems we women have a canny ability to budget for shoes, handbags and other ‘essentials’ but when it comes to our own worth, we are lacking.
If something happened you. How would your family cope without you? Would your partner have to leave his or her job to look after your children? If this didn’t happen, would someone need employing to help with the cleaning and washing?
Unfortunately, your impressive collection of Pandora charms and your six pairs of Dune wedges would not make enough to get the ironing done for long.
This is why Legal and General are encouraging women to calculate the value of mum.
It may surprise you to know that many women don’t have life insurance in place to help protect their loved ones should they die.
How would your loved ones cope financially if you were to pass away? The cash sum from a life insurance policy could help them stay in the family home and continue to enjoy the standard of living they were used to when you were still around.
Perhaps you think you could do without the added cost of life insurance, but with premiums starting from £6 per month, the equivalent of just 20p a day, you help make sure your family are financially protected. Of course, your own premium will depend on your individual needs and circumstances.
It could be that you’re a stay at home Mum, caring for your family and don’t think your role has a monetary value. But your role is probably worth more than you think and your loss could have a devastating affect on your family. Read their Value of Mum article.
*This is a collaborative post