Disability Insurance as Important as Homeowner’s, Auto Insurance

Posted on May 7th, 2010 No Comments

More than 100 million workers in the United States are without private disability insurance and 70 percent of workers in the private sector have no long-term disability insurance through their jobs.

Long-term disability insurance would proved a regular paycheck if an employee became either permanently or temporarily unable to work. “Without disability insurance, most people would face devastating financial consequences if they were to suffer a disabling injury or illness,” said Marvin Feldman, president and CEO of Life Foundation.

A new survey by the insurance education organization shows that 84 percent of Americans strongly agree they should insure their cars, and 80 percent feel it is imperative to have homeowner’s insurance, but only 48 percent believe that it is important to have disability insurance if they have a job.

According to the United States Census Bureau, about one in five Americans will become disabled for a year or more before the age of 65.

For sound legal advice and assistance on how we can help you recover the disability compensation that you deserve, contact the Indiana long-term disability lawyers at the Charles D. Hankey Law Office, P.C., today by calling 800-520-3633.

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