Legal & General has estimated that the
average value of a typical mother contributing to domestic work
around the home is just over £32,000 ($50,730).
In comparison, Legal & General said
fathers are typically valued at £21,036 – 34% lower than their
wives.
Legal & General released the data because
according to the company’s research, the monetary value of a mother
is sometimes overlooked when families try and work out their life
insurance needs.
According to Legal & General, despite the
diligent work both parents put in, only 54% of parents have a life
insurance policy.
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