Disability Insurance Interactive Resources
The odds of becoming disabled and unable to work are much higher than you think. Did you realize that nearly one out of every three workers over age 30 will suffer a disability lasting three months or longer at some time in their working career? What are your chances of becoming disabled? Do you have a need for disability insurance in the event that you become disabled? Here are two interactive tools to help you get a handle on these important issues.
Odds of Becoming Disabled
What are the odds that you'll become disabled for an extended period of time? 10%? 20%? 30% or higher? Who has a greater chance of becoming disabled, a man or a woman? This disability calculator provides some answers.*www.nmfn.com/tn/global--forms--gap_in_plan_calc_pg
Disability Insurance Needs Calculator
This interactive tool helps you calculate you monthly living expenses and compare it to your monthly income. By subtracting the expenses from the income, this calculator helps you determine the income needed to sustain your current standard of living should you become disabled and unable to work. Would your disability benefits at work provide enough income for you and your family to live on for a period of time? Would you need to buy an individual disability insurance policy to ensure your financial security? This calculator gives you answers to these types of questions.www.life-line.org/disabilitycalculator