More than half of women do not have financial protection

It is estimated that 49% of households are at risk of losing as much as £25,000 a year or more (27%) should the woman of the house (aged 25-45) fall ill or die, research by Canada Life has revealed. Two thirds of this age group have children and 40% are paying back a mortgage, however 57% of the 1,000 UK women surveyed (aged 25 - 45) do not have protection in place. A further 35% do not own a home, therefore meaning it's likely that three quarters of women would be liable for rental costs. Estimated loss According to the survey, 29% estimate that their household would lose £10,0...