People never consider the chances of becoming disabled but 1 in 4 people will become disabled for at least 3 months before reaching age 65.
The average disability lasts about 36 months.
More home foreclosures are due to a disability (50%) vs. a death (2%), since most people have a life policy.
What are the Major Types of Disability Claims?
According to claims records at the major companies, these are the types of claims filed:
Back & Neck 28.5%
Accidents & Poisoning 7.2%
Psychiatric & Emotional 7.2%
Digestive System 2.4%
Complications of Pregnancy 1.4%
All others 12.4%