1/3 of all people between the ages of 30 and 64 will become disabled sometime in their lives (Source: Health Insurance Association of America) 
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At age 32, the chance of being disabled for 90 days is 6.5 times greater than the chance of death (Source: National Association of Insurance Commissioners) READ MORE
Disability Insurance News
October 31, 2006: Disability on the Rise – New Resources Available
Most people associate disability with accidents or workplace injuries. But the reality is that long-term disabilities are primarily caused by illnesses such as cancer, heart disease and diabetes, according to an Oct. 31, 2006 news release from the Council for Disability Awareness.[1] Arthritis, obesity and back pain are also significant causes.
"Disability is more common than people think. It is a real and growing threat to the financial security of American families," said Robert Taylor, executive director of the Council for Disability Awareness. "Preparing for disability - just like you would plan for any other family financial need, such as your retirement or college expenses, is critical. Losing your income because of a disability can drain your family's savings and jeopardize your financial security."
"Recent studies indicate that few Americans have adequate savings, and over half of all households are living paycheck to paycheck," continued Taylor. "Now more than ever, Americans need to do a better job of planning their financial security in the event a disability impacts their livelihood."
To help wage earners learn more about the realities and consequences of becoming disabled, and help them plan accordingly, the Council for Disability Awareness launched a comprehensive Web site.[2]
References
- Franklin, Brian. "Disability on the Rise: New Resources Available to Help Consumers Understand Disability and Better Prepare," Council for Disability Awareness, Oct. 31, 2006. http://www.disabilitycanhappen.org/news/pr_disability_on_rise.asp
- www.disabilitycanhappen.org