Duration of Disability
Why should you consider long term disability insurance? Ninety days is a long way to go without income. That would most likely put a serious drain on savings. One’s credit might suffer.
Chances are that a disability that lasts at least 90 days will
extend much longer. Here are some statistics:
Average Duration of a Long Term Disability
at Various Ages
(Disabilities lasting 90 days or more)
| Age at Beginning of Disability |
Duration |
|
25 |
2 years, 2 months |
|
30 |
2 years, 8 months |
|
35 |
3 years, 1 months |
|
40 |
3 years, 6 months |
|
45 |
3 years, 11 months |
|
50 |
4 years, 2 months |
|
55 |
4 years, 5 months |
Source: 1985 Commissioners’
Disability Individual Table A
More statistics:
For more statistics about disability check these pages:
Likelihood of death versus a long term disability