Life Insurance products (Term, Whole Life,
Universal Life) will ensure that you and your family are
financially secure for your lifetime.
|
Income Replacement
Most of us depend on our income for
our living. To earn that income, we have to be healthy.
But accidents happen, and people do get sick.
That’s when it’s important to have a good
disability income policy.
What are your chances of becoming
|
disabled for a period of more than
90 days before you reach the age of 65? And if your
disability did last 90 days, what would the average
length of your disability be? The following table shows
your chances of being disabled more than 90 days, and
the average duration of your disability if it does
indeed exceed 90 days.
|
|
Your age
|
Chances of Being Disabled
(past 90 days)
|
Average Duration of
Disability
(past 90 days)
|
|
25
|
58
|
1.2
|
|
30
|
54
|
2.5
|
|
35
|
50
|
2.8
|
|
40
|
45
|
3.1
|
|
45
|
40
|
3.2
|
|
50
|
30
|
3.1
|
|
55
|
25
|
2.6
|
|
60
|
14
|
1.6
|
Source: Commissioner’s IDA Morbidity
and Commissioner’s SO Mortality Tables, Society of
Actuaries.
