Life Insurance: 1 in 5 parents will die early or be too sick to work

One in five parents will become too sick or injured to work, or will die before retirement age, according to a disturbing report released during 2010.

The Lifewise/NATSEM Underinsurance Report states that 18 Australian families lose a working age parent every day, which translates into nearly 7000 families each year devastated by a loss of a parent. (Trish Power (21/2/2011))