A disability’s financial implications can be even more disastrous than that of a premature death. Death is certain to occur at some point, while disability may never occur. However, for most people death occurs after the income earning years. During one’s income earning years, when the financial impact is more strongly felt, disability is a greater threat and more likely to occur.
Probability of Disability vs. Death
|
Age |
Ratio |
|
|
30
|
2.31 to 1
|
|
|
35
|
2.21 to 1
|
|
|
40
|
1.95 to 1
|
|
|
45
|
1.69 to 1
|
|
|
50
|
1.53 to 1
|
|
|
55
|
1.33 to 1
|
Source: 1985 Commissioners’ Disability Individual Table A and 1980 CSO Mortality Table
For more statistics about disability, check these pages:
Disability statistics
Disability insurance facts
Likelihood of death versus a long term disability
What is the likelihood of disability occurring?