Disability Insurance

How long can you afford to go without a paycheck?

In today’s economy, more and more people are living paycheck to paycheck. In fact, an estimated 65% of American workers could not cover their normal living expense for even a year if they were out of work (Council for Disability Awareness, Disability Divide Consumer Disability Awareness Study, 2010). Now take this statistic into consideration and ask yourself, “What happens if my paycheck goes away because of a disability?” If you’re like most people, then you may not be prepared.

Insure Your Paycheck Today

Integrated Planning Strategies offers affordable and flexible income protection for both individuals and businesses. Protect both your income and your lifestyle.

Did You Know?

Over 37 million Americans – 12% of the population – are classified as disabled (U.S. Census Bureau, American Community Survey, 2011). More than 50% of those disabled Americans are in their working years, between the ages of 18 and 64.
Disability can last longer than you think and have a severe impact on your finances.
2.6 years is the average length of an individual disability claim (GenRe U.S. Individual DI Risk Management Survey 2011). And, 61% of surveyed wage earners personally know someone who has been disabled and unable to work for three months or longer. (Council for Disability Awareness, Disability Divide Consumer Disability Awareness Study, 2010)
Just over 1 in 4 of today’s 20-year-olds will become disabled before they retire. (U.S. Social Security Administration, Fact Sheet Feb 7, 2013)

Most Americans do not protect their income:

About 100 million individuals are without private disability income (DI) insurance. (U.S. Social Security Administration, Fact Sheet Feb 7, 2013)
5 years of income reserves (Commissioner’s Disability Insurance Tables A and C, assuming equal weights by gender and occupation class) is how much savings may be needed for the 20% who suffer a long-term disability during their working careers.