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(Requires 3+ members)

Why do I need disability insurance?

The financial impact of a disability – equal to lost income plus expenses – can be as high as nearly $1 million for a 40-year-old single male earning $50,000 per year…nearly 20 times his pre-disability earnings.

LIFE Foundation and America’s Health Insurance Plans, Milliman, Impact of Disability Study, May 2009

$7.9 billion in long-term disability insurance claim payments were made to disabled individuals by CDA member companies in 2008; claims have increased annually an average of 4% since 2004.

Council for Disability Awareness, CDA 2008 Long Term Disability Claims Review

Mental disorders are the leading cause of disability in the U.S. and Canada for individuals between the ages of 15-44.

National Institute of Mental Health (NIMH), The Numbers Count: Mental Disorders in America, 2008

Primary Causes of Long Term Disability Insurance Claims 2007-2008

• Musculoskeletal / Connective Tissue

• Cancer

• Cardiovascular/Circulatory

• Nervous System

• Injuries & Accidents

• Mental Disorders

Council for Disability Awareness, CDA 2008 Long Term Disability Claims Review

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