The dictionary describes a father as
• Noun • A male parent • A man who exercises paternal care over other persons.
But what is a father really? The obvious thoughts are breadwinner and provider but perhaps that’s more the role dads see themselves performing. Through the child’s eyes, dad is the hero, teacher, confidante and playmate; the one who mends the broken toy, asks about their day, helps with their homework, teaches them to ride a bike, plays football, has a pillow fight, or reads them a story. Quite a hero!
Dads will say one of their main roles is protector and they’ll do this in many ways; child-proofing the home, teaching kids how to cross a road, making sure they use a car seat, etc. All of these are vital to a child’s well-being but financial protection is vitally important too: how many of you have life insurance, critical illness cover, income protection or a will? You need it, because the unexpected can happen…
Every day more than 100 children lose a parent in the UK(1). Yet, shockingly, less than a third of parents have any Critical Illness cover (28%), Income Protection (19%) or Family income benefit (13%)2. You could go from hero to zero in a stroke. Literally!
Nothing will replace a dad in the eyes of the child but financial support, when everything else is sad and scary, will make an enormous difference, maintaining some sort of normality in a topsy turvy world. For Mum, it’ll ensure that emotional stress isn’t accompanied by financial strain.
With millions of families celebrating Father’s Day on the 19th June, make sure you give your children a present too - some financial security should anything unseen happen to their hero.
Speak to us today to find out how we can help
Happy Father’s Day!
Legal and General Value of a Parent research 2015