Prolonged unemployment due to illness or injury can jeopardize a person’s lifestyle and long-term savings. According to the Social Security Administration, almost 1 in 4 of today’s 20 year-olds will become disabled before reaching age 67. Disability income insurance provides workers with paycheck protection. It provides cash to cover expenses such as mortgage payments, rent, or utilities. It also can pay for training or other assistance needed to return to work.
In 2011, only 31% of workers were covered by disability income insurance. ACLI supports expanding the disability income marketplace to enhance workers’ financial security and protect savings for retirement. We support measures that encourage disabled workers to attain maximum functionality and return to the workplace.