According to the Social Security Administration’s Fact Sheet of January 31, 2007, almost one-third of Americans entering the workforce today will become disabled before they retire.
The average monthly benefit paid by Social Security Disability Insurance is $1104 a month (Social Security Administration Fact Sheet 2008). Only 39% of applicants for Social Security Disability Insurance were approved as of 2005, according to the Office of Disability and Income Security Programs.
Your ability to earn an income is your most important asset. How would you manage if you couldn’t work? Disability insurance may be the answer.
For more information, or to schedule an appointment, please call us at (540) 434-1512.