Sick day safety net
Published
A new study reveals how important it is for working parents to have a financial safety net in place for emergencies. More than half of working parents need to take time off work due to children having had an accident and 77 per cent to cover sudden illness.
The research, from protection and employee benefits provider, MetLife UK revealed that:
• More than three in four parents have needed time off to care for children, yet almost one in four did so without pay.
• Working parents have an average £1,540 saved for emergencies.
• One in six of those with injured children had to take unpaid leave, increasing to one in four for those with poorly children.
MetLife’s ChildShield product aims to support working parents from experiencing income gaps or job concerns should their children have an accident or become seriously ill. From just £6 per month, policies pay out cash, covering families in a way that isn’t a burden on their monthly income.
Visit www.metlife.com
