It is all too easy for people to live their day to day lives without considering the need for long term disability insurance. But a sudden accident or a difficult diagnosis can leave a person without the ability to earn a living. This is a potential problem for most people, because the average person in Massachusetts does not have enough savings to continue living the same quality of life as before a disabling event. If you need to take time off work due to an illness or injury, long term disability insurance can provide much needed income during a very difficult time. Additionally, long term disability may come into play once your short term disability benefits have ended.
Who Might Need Long Term Disability?
This is a good question. Statistically, one in three individuals becomes disabled for a period of more than 90 days at some time over the course of his life between age 35 and age 65.