Archive for August 27th, 2009

DISABILITY INSURANCE I

Thursday, August 27th, 2009

Did you know??
Three in ten working Americans will experience a long-term disability during the working years. According to the 2002 U.S. Bureau of Census, more than 50 million Americans were classified as disabled.

Disabilities today are tending to last significantly longer than before. In 1981, a 40 year-old might be out of work with a disability for 4.3 years. In 2005, a 40 year-old’s disability could last 6.6 years.

Advances in medicine mean illnesses that used to result in death, now often result in disability. For example, while deaths from heart disease dropped 29%, disabilities from heart disease increased 36%.

Every 30 seconds someone files for bankruptcy in the wake of a serious illness.

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