Navigation Links
Hit Hard by the Economy, Americans Risk Knockout Without Disability Insurance
Date:5/1/2009

LIFE Urges Americans to Think About Income Protection, Offers Tips for Obtaining Coverage

ARLINGTON, Va., May 1 /PRNewswire/ -- The results of a new survey show the historic recession has left many Americans with less in savings and investments -- and as a consequence, they are more vulnerable to serious financial hardship in the event they were to become sick or hurt and couldn't work. According to the nonprofit LIFE Foundation, more than a quarter (27 percent) of working Americans say they would have trouble supporting themselves financially "immediately" following a disability that keeps them out of work, while nearly half (49%) would reach that point in a month or less. Three out of four (74 percent) would face financial trouble within six months.

The LIFE Foundation released the survey findings to support Disability Insurance Awareness Month, a national campaign targeting the estimated 90 million U.S. workers who lack disability income protection.

"The survey focuses attention on the serious risks facing American workers trying to cope in this difficult economy without disability insurance," said Marvin H. Feldman, CLU, ChFC, RFC, president and CEO of the LIFE Foundation. "Now more than ever, it's critical for Americans to insure their ability to earn an income."

The LIFE survey also found that while a majority of Americans (66 percent) feel less financially secure than they did one year ago, only 17 percent of workers worry about the financial threat of becoming disabled and being unable to work. Their greatest concerns were tied to the economy, such as not being able to keep up with bills (55 percent), losing money in investments and savings (34 percent) and being laid off (20 percent).

"Many working Americans are not as concerned about the risk of a disability as they should be. What they don't know is that they stand a one-in-three chance of bec
'/>"/>

SOURCE LIFE Foundation
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related medicine news :

1. Despite Ailing Economy, Planet Fitness Thrives
2. In Today's Economy, Women In The Workforce Link Cosmetic Chicago Plastic Surgery To Success
3. Health IT Funds in American Recovery and Reinvestment Act Will Help Economy, Improve Healthcare
4. With So Many Charities Struggling In This Economy, Disabled Veterans Relief Fund Is Thriving With a .99 Cent Fundraiser Program
5. Marketers Share Customer-Centric Strategies for an Uncertain 2009 Economy, Feb 2-4
6. Despite Sagging Economy, Viamedic Reports Solid Online Sales for Erectile Dysfunction Drugs
7. Despite Economy, Oregon Wine Benefit !Salud! Raises Over $735,000
8. Even in Poor Economy, Consumers Urged to Prioritize Health Care
9. In a Down Economy, Womens Health Company Announces Growth
10. Despite U.S. economy, more Americans seeking cosmetic surgery overseas
11. Ban on betting would boost ailing economy, gambling critic says
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/3/2015)... Lenexa, KS (PRWEB) , ... July 03, 2015 ... ... firm dedicated exclusively to healthcare providers, has been retained to lead a national ... Okla. One of the top-ranked executive search firms in the healthcare industry, B. ...
(Date:7/3/2015)... Orange, CT (PRWEB) , ... July 03, 2015 , ... ... at home is a good blender and easily accessible, quality ingredients. Aurora Natural is ... your smoothie for an added boost of fiber, protein, antioxidants, vitamins and minerals! , ...
(Date:7/3/2015)... ... , ... Jennifer Renee Hanes, DO is the new Medical Director of its ... independent freestanding emergency rooms in the United States. , “We are excited to welcome ... Executive Medical Director of First Choice Emergency Room, Dr. James M. Muzzarelli. , ...
(Date:7/3/2015)... ... ... Selfie on a Stick ” was featured on NewsWatch as part of its monthly ... Forstrom, a technology expert and special reporter for NewsWatch, conducted the review and shared ... smartphone has an incredibly powerful camera built into it. And when someone is traveling ...
(Date:7/3/2015)... ... ... Every year, One-to-1 Fitness and the Red Deer Fit Body ... community with free fitness training and indoor fitness boot camp classes for 24 straight ... thousands of charity dollars and ended with a $10,000 donation to the Jumpstart organization. ...
Breaking Medicine News(10 mins):Health News:Jane Phillips Medical Center Retains B. E. Smith to Recruit New Chief Nursing Officer 2Health News:Jane Phillips Medical Center Retains B. E. Smith to Recruit New Chief Nursing Officer 3Health News:Aurora Product, Inc. Announces An Original New Line: Smoothie Fixins’ 2Health News:Dr. Jennifer Renee Hanes Named by First Choice Emergency Room as Medical Director of Missouri City, TX Facility 2Health News:Dr. Jennifer Renee Hanes Named by First Choice Emergency Room as Medical Director of Missouri City, TX Facility 3Health News:Learn How to Take Selfies like Kendall Jenner 2Health News:Red Deer Fitness Studio Raises $10,000 for Charity Organization with 24-Hour Train-a-Thon 2Health News:Red Deer Fitness Studio Raises $10,000 for Charity Organization with 24-Hour Train-a-Thon 3
... 28 MSA (NYSE: MSA ) today announced that net ... $293.2 million for the second quarter of 2008, a decrease of $66.0 ... 2009 was $12.5 million, or 35 cents per basic share, a decrease ... cents per basic share, for the same quarter last year. , ...
... , EAST RUTHERFORD, N.J., July 28 Cambrex Corporation (NYSE: CBM ) announced ... closes. , , The Company will host a conference call to discuss the ... Second Quarter 2009 Earnings Conference Call, ... 5, 2009 at 8:30 a.m. Eastern Time, Dial-in: ...
... experts say , TUESDAY, July 28 (HealthDay News) -- Antiviral ... elderly and should be reserved for young people, suggest researchers ... on the spread of the H1N1 virus. , If the ... drugs would not significantly reduce death rates among people older ...
... , DES PLAINES, Ill., July 28 Our ... for thousands of nurses, emergency departments are the sources of injury. ... that more than half of emergency nurses report experiencing physical violence ... shoved," "scratched," and "kicked." One in four has experienced such ...
... , , ... 28 CVS Caremark (NYSE: CVS ) announced today ... President/Chief Operating Officer of MinuteClinic, the company,s retail-based health clinic subsidiary, ... In his new roles, Dr. Sussman will be responsible for ...
... 28 On a routine day, Specialty Silicone Fabricators in ... drains, catheter systems, intravenous drug delivery devices and pacemaker leads. ... of these miniature products. Considering that silicone is a highly ... is no small achievement. , , ...
Cached Medicine News:Health News:MSA Announces Second Quarter Results 2Health News:MSA Announces Second Quarter Results 3Health News:MSA Announces Second Quarter Results 4Health News:MSA Announces Second Quarter Results 5Health News:MSA Announces Second Quarter Results 6Health News:MSA Announces Second Quarter Results 7Health News:MSA Announces Second Quarter Results 8Health News:Save Swine Flu Drugs for Younger Patients, Study Urges 2Health News:More Than Half of Emergency Department Nurses Have Been Physically Assaulted at Work, New Study Finds 2Health News:More Than Half of Emergency Department Nurses Have Been Physically Assaulted at Work, New Study Finds 3Health News:CVS Caremark Names Andrew J. Sussman, M.D., as President/Chief Operating Officer of MinuteClinic 2Health News:CVS Caremark Names Andrew J. Sussman, M.D., as President/Chief Operating Officer of MinuteClinic 3Health News:When You Make Things That Get Implanted in People, Small Things Count 2
(Date:7/3/2015)... , July 3, 2015 A ... of hypertension, diabetes and thyroid disorders in ... and a major conference dedicated to these diseases. ... Diabetes Online , Manage Hypertension Online and ... operated by EXCEMED - combine the world,s ...
(Date:7/3/2015)... Redwood Pharma AB has entered into a ... both the US and China , ... hydrogel technology in its lead chronic Dry Eye therapeutic ... technology offers many unique competitive benefits. At lower temperatures, ... low concentrations of polymer the system can be transitioned ...
(Date:7/2/2015)... CHAPEL HILL, N.C. , July 2, 2015 ... their own employees to capture critical product and ... there are many benefits to employee-based studies, it ... to leverage their own internal employees to capture ... recent study by benchmarking firm, Best Practices, LLC, ...
Breaking Medicine Technology:Combating Three Major Chronic Diseases in Latin America With Medical Education 2Redwood Pharma Licenses Novel Hydrogel Drug Delivery Technology From Broda Technologies 2Leveraging Employee Insights to Produce Cutting-Edge Market Research 2
... Mich. , June 14 Stryker Corporation ... of its manufacturing facilities have earned Leadership in Energy ... Building Council (USGBC).  LEED is an internationally recognized green ... a framework for identifying and implementing practical and measurable ...
... , June 14 Codexis, Inc. (Nasdaq: CDXS) ... Officer, received the Ernst & Young Entrepreneur Of The Year ® ... , , , ... Young LLP, the award recognizes outstanding entrepreneurs who are building and leading ...
Cached Medicine Technology:Stryker Facilities Earn LEED® Certifications 2Codexis CEO Alan Shaw Named Ernst & Young Entrepreneur Of The Year® 2010 Recipient in Northern California 2Codexis CEO Alan Shaw Named Ernst & Young Entrepreneur Of The Year® 2010 Recipient in Northern California 3
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
... ARUP Laboratories is a national reference ... laboratory research and development. ARUP offers an ... unique medical tests in clinical and anatomic ... ARUP Laboratories' clients include more than half ...
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
Medicine Products: