One in Three People Will Become Disabled Before They Retire

Injury and Illness can cause devastating financialDisability insurance plans can help you keep up your
problems. Information in recent years indicates thathouse and car payments, pay for medications, and
over half of personal bankruptcies and housingkeep your life on track while you wait for the Social
foreclosures are brought on by the financial hardshipSecurity Administration to make a decision on your
of a disability. While many people assume that if theyclaim, which can be from a few months to a couple of
have health insurance they are covered and thatyears. While the Social Security administration is
everything will be okay, what they don't take intoaddressing the backlog on claims, it is still way behind
consideration is the fact that they may not be able toand the wait can put undue stress on your life. Many
work if they are injured or disabled. This leaves themhave lost their houses, cars, filed bankruptcy, been
with no money for the house and car payments,unable to afford medications, and even died while
medications, bills, insurance deductibles, and manywaiting on the disability process.
times, simple day to day living expenses.Statistics also report that 3 people in 10 will become
Statistics say that over 65 percent of Americans aredisabled before they retire. With those statistics, it
living paycheck to paycheck; if a disability were tomakes sense to protect yourself with disability
strike, they would fall behind within a matter of weeks.insurance.
While car insurance, home insurance, and healthWhile you may not think you have the extra budget to
insurance are standard fare in America, disabilityafford another insurance plan, in many instances you
insurance is becoming increasing popular. Thiscan keep your current health care budget through
insurance can help soften the financial impact of areceiving savings on health insurance or choosing a
disability, help protect your assets, and help protecthigher deductible, allowing you the extra funds to
your family and lifestyle.purchase disability insurance and peace of mind.