One-third (33 percent) of full-time workers surveyed lack long-term disability insurance; more than one-third (38 percent) of workers whose employers offered them the option to pay for group long-term disability insurance declined to buy it, leaving most uninsured.
These statistics surrounding disability insurance and public awareness from Sun Life’s recent report, titled “Will workers in America hope to dodge the bullet, remain blind to the risks or simply hide?” despite becoming familiar sights this month, remain startling given another fact cited by the report: Medical problems contribute to roughly half of all personal bankruptcies and home foreclosures in the United States.
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