Disability insurance benefits are available for people who have a disability that prevents them from working. Both salaried and hourly employees can get disability insurance. It is also available for people who are self-employed. There are a number of reasons disability insurance benefits are so important.
Accidents Happen
Many people think that nothing will happen to them just because they are young. However, it is estimated that 25 percent of 20-year-olds will become disabled before they can retire. It is also important to remember that workplace accidents are not the only cause of disability. Many people have to file for disability because of cancer, heart disease, and other illnesses.
Many young people are devastated to learn that they have an illness or injury that makes it to where they can no longer work. Your chances of needing disability insurance increase as you get older. In fact, 43 percent of 40-year-olds will become disabled before they turn 65 years old.
Workers’ Compensation Benefits May Not Cover Everything
Many people think that disability insurance benefits are not necessary if they have workers’ compensation. Workers’ compensation is only designed to cover injuries and illnesses that occur as the result of work. This means that if your illness or injury occurs outside of work, then you will not be covered by workers’ compensation benefits.
It is also important to note that there are limits placed on workers’ compensation benefits. Additionally, you will only be able to get workers’ compensation for a limited amount of time.
Take Care of Yourself Financially
If you are injured, then the last thing that you want to have to worry about is how you are going to pay your bills. The stress of worrying about bills can take a toll on people mentally and physically. If you have disability insurance benefits, then you will pay able to take care of yourself and your family.
About Dadboub Law Firm
If you are having problems getting your disability benefits, then you can contact our firm. Dadboub Law Firm is committed to making sure that insurance companies treat people fairly. Our firm has hard-working disability insurance attorneys who focus on helping clients.