Take a look at how the odds of becoming disabled during your working years stack up against some other odds.
When asked what was more likely, becoming president or unable to work due to illness or injury, 11% of workers said they’d be more likely to take the oath of office. The real odds: 1 in 10 million vs. 1 in 4.
More than 20% of workers under 40 say they are more likely to win the big lottery jackpot than become unable to work due to illness or injury. The real odds: 1 in 259 million vs. 1 in 4.
Your odds of being visited by the taxman are pretty slim, but 27% of workers thought it was more likely to happen than becoming unable to work due to illness or injury. The real odds: 1 in 100 vs. 1 in 4.
When asked what was more likely, hitting a hole in one or becoming unable to work due to illness or injury, 16% of workers said they’d be more likely to channel Jack Nicklaus and put it in the hole. The real odds: 1 in 12,500 vs. 1 in 4.
17% of workers said having twins is more likely to occur than becoming disabled due to illness or injury. We wish the odds of having two bundles of joy were greater, but the real odds: 3 in 100 vs. 1 in 4.
When the sky looks ominous, 11% of workers said they had a better chance of being struck by lightning than becoming unable to work due to illness or injury. Always play it safe, but the real odds: 1 in 1.2 million vs. 1 in 4.
*Source: NOAA.gov, Accessed April 22, 2015
When asked what was more likely, becoming president or unable to work due to illness or injury, 11% of workers said they’d be more likely to take the oath of office. The real odds: 1 in 10 million vs. 1 in 4.
More than 20% of workers under 40 say they are more likely to win the big lottery jackpot than become unable to work due to illness or injury. The real odds: 1 in 259 million vs. 1 in 4.
Your odds of being visited by the taxman are pretty slim, but 27% of workers thought it was more likely to happen than becoming unable to work due to illness or injury. The real odds: 1 in 100 vs. 1 in 4.
When asked what was more likely, hitting a hole in one or becoming unable to work due to illness or injury, 16% of workers said they’d be more likely to channel Jack Nicklaus and put it in the hole. The real odds: 1 in 12,500 vs. 1 in 4.
17% of workers said having twins is more likely to occur than becoming disabled due to illness or injury. We wish the odds of having two bundles of joy were greater, but the real odds: 3 in 100 vs. 1 in 4.
When the sky looks ominous, 11% of workers said they had a better chance of being struck by lightning than becoming unable to work due to illness or injury. Always play it safe, but the real odds: 1 in 1.2 million vs. 1 in 4.
*Source: NOAA.gov, Accessed April 22, 2015
Your ability to earn your income is your most valuable asset. It helps you finance some of the most important things in your life: your home, children’s education, your lifestyle and your retirement.
But what would you do if you suddenly got sick or injured and couldn’t work? Do you have enough in savings to help you get by? Or are you like the two-thirds of American workers who would find it difficult to meet their financial obligations if their paycheck were delayed just one week?
Disability insurance can help. Disability insurance can pay you money if you are sick or hurt and can’t earn a paycheck. In fact, next to major medical insurance, it’s probably the most important type of financial protection to have.
