Illness, Not Injury, the Main Cause of Disability
Did you know that the #1 Reason for leaving the workforce early is health problems according to Employee Benefit Research Institute 2014 Retirement Confidence Survey underwritten by the Principal Financial Group. Most studies show that a worker in the their 20’s has a 1 in 3 chance of being disabled for 90 days or more during their working career.
Many people think that injuries are the most common cause of disability, but in reality, long term illnesses are a much more significant reason for becoming disabled. A Council for Disability Awareness, Long-Term Disability Claims Review study in 2013 showed that 90% of disabilities are caused by illnesses, not accidents.
In our disability insurance practice, we represent disabled claimants making disability claims or appealing claims that have been denied, in addition to representing veterans in VA service connected disability claims. In the private workforce (i.e., non-VA claims), we have the chance too see first-hand how illness and disease impacts workers from all stations of life. People typically attempt to keep working as long as possible, but disability due to serious illness like arthritis and other auto-immune disorders, cancer, fibromyalgia, Lupus, Multiple Sclerosis, Parkinson’s Disease, and others impact thousands and thousands of people all over the U.S.
We always counsel those who ask to buy disability insurance. If you do not have a private policy, buy disability coverage through work. Better yet, buy both. Protect yourself, because life happens.