More than two-thirds (67%) of parents are worried about their child being diagnosed with a serious illness, according to research from LV=.
The third LV= Reaching Resilience report found that 68% were also concerned about their children's mental health, compared to 66% in 2023. For working parents, 62% said they were anxious about the financial impact on themselves and their families if they were injured or experienced a major illness that prevented them from working. Events such as the diagnosis of a critical health problem could result in a parent or carer being unable to work for a period of time, which LV= said may affect monthly outgoings, such as a mortgage or rental payments. The research found that 31% of worki...
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