The risk of an employee becoming disabled is higher than employers realize. The Social Security Administrations shows that just over 1 in 4 of today’s 20-year-olds will become disabled before they retire. Disability income insurance helps protect a portion of your employees’ income and provides financial protection if an employee becomes disabled for an extended period of time.
What are the chances that an employee will become disabled during their career?
- A typical female, age 35, who works primarily in an office job, and who leads a healthy lifestyle, has a 24% chance of becoming disabled for 3 months or longer during her working career.
- A typical male, age 35, who works primarily in an office job, and who leads a healthy lifestyle, a 21% chance of becoming disabled for 3 months or longer during his working career.
- There is a 38% chance that a disability will last more than 5 years.
To learn more about group disability insurance options, contact us – or call 781-326-2631.
