One of the biggest financial risks that people face is the risk of becoming disabled and not being able work for a considerable time. The Social Security Administration estimates that one in four of today’s 20-year-olds will be disabled before they retire.
In 2005, 47.5 million adults (22% of all adults) reported a disability.
Women are more likely to be disabled than men.
Work related injuries represent less than 5% of disabilities. According to the CDC (Centers for disease control) the primary problems are musculoskeletal disorders, and the number one cause is arthritis followed by back & spine problems. Women are twice as likely to be disabled by arthritis as men.
Disability insurance is something that every working person should consider.