According to The Business Wire, most “Americans live to work but don’t prepare for illness or injury, they put their income at risk”. This article points out that 3 and 10 people who enter the workforce today will become disabled before retiring and nearly 90% of disabling conditions and illnesses are not work related.
The US Bureau of Labor Statistics indicates that in 2010 only 46% of full time workers had short term disability and only 39% had long term disability.
Going with disability insurance certainly can be risky, but you need to be careful that you aren’t ultimately robbed of peace of mind by buying a policy that has significant limitations. Nancy Cavey has written Robbed of Your Peace of Mind, which explains the types of policy terms that you don’t want to see in your short or long term disability policy.
Before purchasing a disability policy order your free, no obligation copy of this book which will help you evaluate the short or long term disability policy offered by your employer. Click on the link above to be directed to the free order page for the book. If you need help with your long term disability policy now, contact us today.