Many people insure their homes, cars, and even their pets—but what about their income? Disability insurance is one of the most overlooked ways to protect your financial well-being. Yet, it could be the most important safety net you ever put in place.
According to the Council for Disability Awareness, more than 51 million working adults in the U.S. have no coverage beyond Social Security if an illness or injury leaves them unable to work. And unfortunately, Social Security Disability Insurance (SSDI) typically pays only around $1,200 a month—hardly enough to cover most people’s expenses.
Here’s another eye-opener: 1 in 4 of today’s 20-year-olds will become disabled during their working years. That’s not a scare tactic—it’s a reality. And while many of us think of disability as something caused by a major accident, most claims are due to common health issues, such as back problems, cancer, or mental health conditions.
The Real Financial Risk
Let’s talk numbers:
- Nearly 50% of adults say they couldn’t cover a $400 emergency without borrowing or selling something.
- Only 4 in 10 households have at least $6,275 in liquid savings.
- The average long-term disability lasts nearly three years—far longer than most savings accounts would last.
Without proper coverage, many families are forced to dip into retirement accounts, rack up credit card debt, or even file for bankruptcy. In fact, medical-related work loss is responsible for about 45% of all bankruptcy filings.
How Would Disability Affect Your Life?
It’s not always easy to think about “what ifs,” but it’s important. Consider:
- How long could you pay your bills if you lost your income?
- Could you keep your home?
- Would you need to use your kids’ college fund to make ends meet?
- Would your family’s lifestyle drastically change overnight?
If the answer to any of these is uncomfortable, now is the time to look into disability insurance—not when you’re already facing a health crisis.
Why Now?
May is Disability Insurance Awareness Month—a great time to learn more about how disability insurance works, what it costs, and how it can fit into your financial plan.
And here’s the good news: disability insurance is often more affordable than people think—especially if you’re younger and in good health. You can lock in lower premiums now that stay with you even as you age.
Get Your Free Disability Insurance Quote Today
We’ve made it easy to explore your options. You can get a free, no-obligation quote in just minutes.
Click here to get your free disability insurance quote
Don’t wait until it’s too late. Protect your income and your peace of mind today.
Call us at 800-637-4676, email us at info@profinsprog.com, or visit insuranceformembers.com to talk with our team.