Disability Statistics

More Interesting Statistics

  • Each year, 1 person in 8 will suffer disability (Source: National Association of Insurance Commissioners)
  • At age 32, the chance of being disabled for 90 days is 6.5 times greater than the chance of death (Source: National Association of Insurance Commissioners)
  • In the 1st year following a paraplegia, living expenses average $259,531 per person (Source: National SCI Statistical Center, 2005)
  • 75% of disabilities are caused by an illness rather than an accident (Source: Commissioner’s Disability Table)
  • Workers today are 3 times more likely to suffer a long-term disability than die during their working years (Source: The Council of Disability Insurers, The Long Term Disability Claims Review: 2005)
  • The likelihood of being disabled for more than 3 months is greater than dying in any given year (Source: Society of Actuaries)
  • 2 out of 3 American families live paycheck to paycheck; 70% of families can only afford to be without a paycheck for 1 month or less (Source: The Council of Disability Insurers, The Long Term Disability Claims Review: 2005)
  • Disability is the leading cause of personal bankruptcies and causes nearly 50% of all mortgage foreclosures, compared to 2% by death (Source: The Council of Disability Insurers, The Long Term Disability Claims Review: 2005)
  • 48 percent of VA Mortgage Foreclosures are attributed to disability (Source: FHA, Disability Income Concepts, 1998)
  • 17 percent of American families (1 in 6) have at least 1 adult who is disabled from employment (Source: 2000 U.S. Census)
  • 82 percent of American workers have inadequate or no disability protection (Source: Consumer Federation of America and American Council of Life Insurers, 2003)
  • Only 17 percent of small businesses offer disability insurance coverage (Source: FHA, Disability Income Concepts, 1998)
  • Social Security Disability Insurance (SSDI) is available if you have worked 10 years before becoming disabled; after 5 months of disability; if the expected duration of disability is more than 1 year. It pays an average of $894.10 per month (Source: Annual Report on the Social Security of Disability Insurance Program, 2004)
  • The average monthly Social Security Disability Income (SSDI) payment is $938, replacing on average, about 33% of current income (Source: The Council of Disability Insurers, The Long Term Disability Claims Review: 2005)