Disability Insurance


Most people insure their material possessions, their home and cars, for example, but many of these same people don’t insure what is probably their most valuable asset – their ability to work and earn income. If you become sick or are injured and can’t work, will you be able to pay your bills and maintain your standard of living? It’s hard to imagine being disabled by illness or injury, but it can happen. In fact:

  • 1 in 3 working Americans will become disabled for 90 days or more before age 65.
  • The average disability absence is 2½ years.
  • More than 80 percent of working Americans don’t have disability income insurance or aren’t covered adequately.

If you depend on your income to pay your bills, you need to consider buying disability income insurance. Disability income insurance can help you pay your bills by replacing a portion of your income. It can help you maintain your current lifestyle, and help protect you and your family from going into serious debt.

Young Nurse Tending to Young Woman with Neck Brace and Arm Cast

Disability Insurance Facts

  • Someone who is 35 years old has a 50 percent chance of disability for 90 days or more before they turn 65.
  • Most people in the U.S. are better prepared financially in the case of death rather than becoming disabled, even though the chances are at least 3 to 5 times greater that a disability will occur.
  • Upwards of 375,000 Americans become totally disabled every year.
  • Approximately 1 out of 7 people who are between the ages of 35 and 65 can expect to become disabled for 5 years or longer.
  • About 110 million Americans do not have long-term disability insurance.
  • About 8 million adults have some disability that limits or prevents them from working.
  • 46 percent of all foreclosures on conventional mortgages are brought about by a disability. Approximately 2 percent are caused by the death of the homeowner.
  • Benefits from an employer plan can be taxable. Individual policies purchased as an individual pay benefit are free from income tax.
  • Most people, no matter their income, spend 65 to 75 percent of their cash flow. This means a person should aim toward securing as much disability income insurance they can toward the goal of replacing such income.
  • If you put away 10 percent of your income each year, then simple arithmetic says that one year of being totally disabled could wipe out the 10 years of principal that you put into your savings.
  • How good is Social Security Disability income? Anyone at any income level can apply for Social Security Disability Insurance, but one requirement is that you have to have worked at least 10 years before becoming disabled.
  • The Social Security Disability Insurance program pays $772 per month on average. The requirements to receive disability benefits are so strict that only about 35 percent of the individuals that apply for benefits actually qualify and wind up receiving benefits.
  • The most common chronic conditions listed for limitations on the working are back disorders (21 percent), followed by heart disease and arthritis.

For a quote or more information, please contact

our office at info@dirksinsurance.com or (208) 664-9272.

Disability Insurance Coeur d’Alene ID Hayden Idaho