Disability

• Replaces lost income should you become disabled and unable to work.
• You must be unable to work for a specified amount of time before disability benefits begin to be paid to you.
• Each policy states the amount of payments, duration of coverage, and the definition of disabled.

The policy premium is determined by several factors, including:

• The amount of income payments.
• The length of payments.
• The definition of “disability.”
• Personal risk factors, such as the state of health and type of employment of the insured.

Q:  What are the odds of becoming disabled?

Depends on these factors:

• Age
• Health condition
• Type of occupation

For many people, disability presents a much greater likelihood than does death. For example, at age 42 you are three times more likely to become disabled than die.

Q: What is the average duration of a disability?

The average duration of a disability tends to increase with age. Most disabilities last from a few weeks to a few months.

Long-Term Disability Insurance

• Provides monthly income to individuals (and their families) who are unable to work or have reduced income due to an illness or injury.