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Showing posts from April, 2018

3 Quick Tips on Disability Insurance for The Impatient (And for Those Who Don't Care!)

I know your time is important. So let's get right to the main points first and save the details for later.
Here is what you need to know about disability insurance in the US.

Disability Happens More Often Than You Think
According to the United States Census Bureau, nearly 1 in 5 people are disabled. This does not include invisible disabilities which are estimated to be 10%. And then there are temporary disabilities that can prevent you from working for several months to a few years at a time. With these figures, as a conservative estimate, there is a 33% chance that you will be requiring disability insurance at some point in your life
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It Happens to Women More Often Than Men
According to the United States Centre for Disease Control and Prevention, 24.4% women report on disability as compared to 19.8% men.

Employer Paid Disability, More Often Than Not, Does Not Help in Times of Need 
Employer paid disability is governed by ERISA law. According to this article that appeared in the Lo…