Mums: Protect your family and your savings

How to use employee benefits effectively
March 14, 2017
How to cover your rent if you can’t work
April 3, 2017

Mums: Protect your family and your savings

Find out how to take away the worry of keeping up your childcare and household costs if you couldn’t work due to accident or sickness.

It’s that time of year where mums across the UK receive flowers, chocolates, cards, and kisses as a thank you for looking after the family and, for many, being a rock during the good and the bad times.

But what if you couldn’t be there for your family? What if you struggled to pay the bills, put food on the table, or pay for childcare? And what if all this happens because you can’t bring home an income?

It’s an unpleasant thought – something no mother or family should ever have to endure.

Yet the fact remains that accidents and bouts of sickness do happen, often when you least expect it. They can impact your life to the point where you can’t work and earn a steady income.

A recent survey asked mothers their views on protection cover, and whether they have measures in place if the worst was to happen.

Are you part of the 40%?

According to the survey, 40% of women are the main breadwinner of the family, yet 45% of women in work don’t have any protection cover in place.*

Nobody likes thinking about illness disrupting their lives, let alone the impact it could have on your family and children. But if you bring in the main source of income for your family – the money that puts food on the table, clothes on your children’s backs, and pays for the electricity and hot water – having protection in place is paramount.

Would your savings cover the cost?

According to the survey, 42% of women say they’d rely on their own savings if they couldn’t work for six months, whereas a worrying 16% said they have no savings whatsoever.

If you fall into the former bracket, at least you’d have something to fall back on if you couldn’t work due to accident or sickness. Yet even if you did have savings to fall back on, wouldn’t you rather they didn’t have to take a hit?

Maybe your savings are there for your children’s future education, family holidays abroad, or the prospect of a larger house if you have a growing family.

That’s where the APRIL UK Lifestyle Protector can help avoid putting a dent into your nest egg.

Money to look after your family if you can’t work

The Lifestyle Protector pays you a monthly benefit if you can’t work due to accident or sickness. In a few words, it provides priceless protection that helps to keep your family protected during uncertain times. What’s more, the plan:

  • Pays you up to £1,500 a month (for up to 12 months per claim)
  • Covers all occupations
  • Offers a quick and easy application process – there aren’t any health or financial questions
  • Is tax free and can be used to cover bills, weekly groceries, and childcare costs

There’s more…

The truth about family protection

48% of mums without insurance believed they couldn’t afford it. This is a shame. And, quite frankly, an incorrect assumption. In fact, lifestyle protection can be incredibly affordable on top of being invaluable.

Premiums for the APRIL UK Lifestyle Protector start from as little as £1.63 a week.** That’s less than the cost of a nice glass of wine or cup of Starbucks coffee!

See for yourself how affordable protecting your family can be by getting an instant online quote today.

*All statistics taken from report: “Protection matters – does women’s financial planning match their priorities?” – Aegon, November 2016

** Based on £300 monthly benefit plan, 30-day deferred period, and 12-month benefit period for an individual aged 18-30. The policy document, available on request, contains the full terms and conditions.

Regulatory disclosure
The Monthly Cost of Short-Term Income Protection for every £100 of Monthly Benefit starts from £2.35. There are other providers of
Short-Term Income Protection and other products designed to protect you against loss of income. For impartial information about insurance, please visit the website at