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May 29, 2007

Economists value actual loss of income from bereavement

A british study calculates the average change in income earned caused by the loss of a loved one

For a typical person, that level of unhappiness equated to the following necessary financial amounts in compensation for bereavement.

Loss of a Partner £312,000
Loss of a Child 126,000
Loss of a Mother 22,000
Loss of a Father 21,000
Loss of a Friend 8,000
Loss of a Sibling 1,000

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