“A consumer’s most important asset is his or her income. Over a 40-year career, an individual who earns an average of $52,000 a year would receive more than $2 million in income.
The Social Security Administration estimates that just over 1 in 4 of today’s 20 year-olds will become disabled before reaching age 67.1Disability can be caused by a wide range of illnesses or injuries. It can mean several weeks of missed work for surgery, months away after a serious injury, or a year or more for a chronic illness.”
“Two-thirds of private sector American workers are not covered by employer-sponsored disability insurance against loss of income due to illness or injury. For those covered by long-term disability insurance, benefits typically replace 60% of an employee’s salary.” Find out more about disability insurance at http://www.consumerfed.org/pdfs/FactSheet.CFA.UnumDisabilityInsruance.4.30.12.pdf