Palmer Insurance Vermont

Insuring Your Future

Important Disability Insurance Information

Filed under: Uncategorized — David Palmer at 10:36 pm on Wednesday, June 23, 2010

I saw the attached article the other day and thought it contained some convincing information that could be very useful in your decision to purchased disability information.
The CDA is the Council for Disability Awareness and is composed of the 16 member companies who are the top disability companies in the US.

Some of the highlights:

- CDA member companies paid more than $8 billion in ongoing disability insurance payments to individuals during 2009.
- The 2010 Claims Review clearly illustrates that disabilities are more common than people think, and they are on the rise.
- Because ultimately all financial security results from one’s income, it’s imperative that people plan and protect against an income-limiting disability.
- CDA member companies approved long-term disability insurance benefits for 141,000 new individuals.
- The leading cause of disability continues to be musculoskeletal and connective tissue disorders.
- 100 million workers have no private income protection insurance.
-  fewer employers provided group long-term disability programs in 2009.

Here’s the complete article.

I hope this helps strengthens your conviction of the importance of disability insurance coverage.

Enjoy your day.

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