Why stay at home parents need Life Insurance too

‌We all put our families first, and here at Aviva we want to help you protect everything you hold dear in life. Life Insurance is a means of protecting your family should the worst happen.

Generally, we think of Life Insurance as a way of replacing the income of the insured person should they die. However, the stay at home parent is just as valuable to the family as a working parent. We know that people want to take time out of work to be with their family. Life Insurance could give them a financial safety net to do just that!


If you aren’t sure whether a stay-at-home parent needs Life Insurance as much as a working parent does, think of it this way: if your stay-at-home spouse or partner were to die, would your family encounter financial change or difficulty as a result of their death? They absolutely would. You would need to begin paying for child-minding services, and maybe other home-services too, or else you would need to leave your employment to stay home to look after your children, and give up your income as a result.


The average cost of full-time childcare in Ireland is around €174 per week1, and this could be much more depending on the number of children you have, the area you live in and any extra services you require like food shopping and meal preparation. That’s an average of around €9,000 a year, certainly a significant amount for any family.


If you combine childcare costs and having to outsource all the other tasks a stay-at-home parent does such as cleaning, cooking, collecting and dropping off, house maintenance, pet care and gardening, you’re looking at an annual average cost of €42,0002. The value of a stay-at-home parent is of course priceless, but it is a stark reminder to see the average price tag of the hard work they do each and every day.

At Aviva, we tailor each of our Life Insurance policies to fit your individual circumstances because we know every household is different. We understand that taking out Life Insurance for both parents might feel like a financial strain, so that’s why you can buy cover with us for as little as €10 per month3. We also know life can be hectic, so we’ve made sure setting it up is straightforward and can be completed over the phone.

If you are looking for a Life Insurance quote, or free advice from an Aviva team member, don’t hesitate to call us on 1800 159 159, Monday to Friday, 9-5. We work with each customer to find the best range of policies to suit their personal circumstances.

Life insurance from €10 per month

Ready to get cover? Talk to us today!3

For a new quote

1800 555 255

Monday to Friday: 9:00a.m. - 5:00p.m.

Life insurance articles

Take a look at our library of helpful articles and news.

Contact Us

Existing Customers

1800 159 159

Monday, Tuesday, Thursday and Friday: 9:00a.m. - 4:00p.m.

Wednesday 10:00a.m. - 4:00p.m.

Saturday - Sunday Closed

Bank Holidays Closed

For a new quote

1800 555 255

Monday to Friday: 9:00a.m. - 5:00p.m.

Saturday - Sunday Closed

Bank Holidays Closed

1. Cost of childcare increases for first time in five years, The Journal.ie https://www.thejournal.ie/cost-childcare-increases-3671243-Oct2017/
2. How much is a stay at home parent worth? Irish Times, https://www.irishtimes.com/business/personal-finance/how-much-is-a-stay-at-home-parent-worth-1.2751741
3. Acceptance criteria, terms and conditions apply. These monthly premiums are based on single life cover of €165,000 for a person aged 31 next birthday and a non-smoker, over a 10 year term, total amount €10.06. Source: Aviva Life & Pensions Ireland DAC as at July 2020.

Aviva Direct Ireland Limited is regulated by the Central Bank of Ireland. A private company limited by shares. Registered in Ireland No 374895. Registered Office: Cherrywood Business Park, Dublin, Ireland, D18 W2P5.

Life and Protection Cover is underwritten by Aviva Life & Pensions Ireland DAC.

Aviva Life & Pensions Ireland Designated Activity Company, a private company limited by shares. Registered in Ireland No. 165970. Registered office at Building 12, Cherrywood Business Park, Loughlinstown, Co. Dublin, D18 W2P5. Aviva Life & Pensions Ireland Designated Activity Company, trading as Aviva Life & Pensions Ireland and Friends First, is regulated by the Central Bank of Ireland. Tel (01) 898 7950.