Posted on Oct 8, 2018

Haughn & Associates, Inc. commercial insurance columbus ohio

In 2014, 39 percent of individuals had short-term coverage and 33 percent had long-term disability insurance, according to the Bureau of Labor Statistics. Sixty-five percent of respondents surveyed in 2017 by LIMRA, an association of financial services and insurance companies, said that most people need disability insurance, according to NPR.

Long-term disability coverage might be needed if something happens in your life that can’t be avoided. About one in four workers will become disabled before they retire, according to Policygenius, and long-term disability insurance helps keep you covered when you need it the most. Here’s some of the benefits of long-term disability coverage.