One in four adults, or about 61 million Americans, live with a disability that impacts major life activities. The most common type, mobility, affects one in seven adults*. Many people believe they will be covered by Social Security or workers compensation if they were to become disabled, but the facts are too great to ignore. In 2019, less than one percent of American workers missed work because of an occupational illness or injury. Disability income insurance can provide a way to earn income while disabled from sickness, injury, or other disorders as stated in the policy, even if workers compensation and Social Security benefits don't apply.
- 24-hour coverage every day, while on or off the job
- Coverage is guaranteed renewable until age 67
- The purchased base coverage amount will not be reduced by any other disability income
- Premiums are waived after disability has lasted 90 consecutive days for as long as benefits are paid
- Multiple elimination periods are available: 30, 60, 90, 180 or 365 days
*Source: U.S. Centers for Disease Control and Prevention, Morbidity and Mortality Weekly Report, 2018
**Source: Bureau of Labor Statistics, Employer-Reported Workplace Injuries and Illnesses (Annual) 2016
Note: The analysis of coverage is in general terms and is superseded in all respects by the Insuring Agreements, Endorsements, Exclusions, Terms and Conditions of the Policy. Limitations and conditions may apply. Premiums will be based on benefits chosen. Some of the coverage mentioned in this material may not be applicable in all states or may have to be modified to conform to applicable state law. Some coverages may have been eliminated or modified since the posting of this material.
Underwritten and issued by Auto-Owners Life Insurance Company