Only 27% of parents 'could cope financially' if adult child too unwell to work

Only 27% of parents say they could cope financial if their child fell ill and could not support themselves, a survey of 500 people by Old Mutual Wealth has found. A further 43% said it would put a strain on their financials, while the rest said they would struggle to cope or fail to cope at all. Despite this, none of the respondents aged 18 to 34 said they would pay for critical illness cover for their child after they reach 21, however all of these respondents said they would pay for their mobile phone insurance. Only 37% of those aged 35 to 54 would pay for critical illness cover...