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Could you continue to support your family and pay your bills if you were unable to work for any length of time because of illness or injury?
Almost 1 in 4 of today’s 20 year-olds will become disabled before reaching age 67.
Source: Social Security Basic Facts, February 2009
Half of all respondents (49%) indicated that their foreclosure was caused in part by a medical problem, including illness or injuries (32%), unmanageable medical bills (23%), lost work due to a medical problem (27%), or caring for sick family members (14%).
Source: Christopher T. Robertson, Richard Egelhof, & Michael Hoke, "Get Sick, Get Out: The Medical Causes of Home Foreclosures" Health Matrix 18 (2008): 65-105.
There is a death caused by a motor vehicle crash every 12 minutes. There is a disabling injury every 14 seconds.
Source: Injury Facts®, 2009
Income lost through disability is 2 times as great as auto accident losses, and 3 times as great as fire losses.
Source: National Safety Council, 2009
51.2 million Americans were classified as disabled in 2002.
Source: "Americans With Disabilities: 2002," U.S. Bureau of the Census, May 2006
Women between ages of 35 and 65 are 40% more likely than men to become disabled for 90 or more days.
Source: Compton Insurance Marketing, 2002
For 30-year-old males, the risk of a long-term disability is 4.1 times more likely than the risk of death. For 40-year-olds, it is 2.9 times more likely. And at age 50, it is 2.2 times more likely.
Source: National Safety Council, 2003
Disability is the cause of nearly half of all home foreclosures.
Source: Compton Insurance Marketing, 2002
Leading contributors to disability burden are road traffic accidents, alcohol use, cardiovascular disease, major depression, and ischemic heart disease.
Source: World Health Organization, 2003
69% of the private sector workforce has no long-term disability insurance.
Source: Social Security Basic Facts, February 2009
Nearly half of small employers (5 to 100 workers) believe that the likelihood of an employee becoming disabled is one in 50. The actual likelihood, ACLI reports, is one in three.
Source: American Council of Life Insurers (ACLI), 2003
A group DI policy typically pays 45-60% of annual income upon the claim.
Source: “Life Insurance Industry Primer,” JP Morgan, January 2004 |
