The Jacobs Company
Why Buy Disability Insurance?

Disability Statistics

Disability insurance is an extremely important coverage to own. Having good medical insurance allows you to avoid bankruptcy if you have a large medical claim. However, paying the medical bills may not be enough! If your accident or illness leaves you disabled, your income will probably stop. Yet, you still must pay for food, utilities, the mortgage and other living expenses. Maybe your income is also necessary to help raise children. Unless you are wealthy enough that you do not need to work, disability insurance is essential! Here are a few important statistics on disability:

Between ages 35 and 65, seven out of ten people will become disabled for three months or longer.*

1 out of 7 employees will be disabled for 5 years or more before retirement.*

At age 32, a disability of three months or longer is six times more likely than death.*

In recent years, 7 out of 10 claims for Social Security disability benefits were initially refused.**

*Commissioner's Disability Table **Senate Finance Committee

Government Sponsored Disability Programs
Wage Earners Need Disability Insurance

This document was last modified on July 26, 1999