Kenneth Harvey/ October 12, 2017/ Legal, Medical

If you are looking to acquire employee disability insurance San Francisco, then it’s certainly worth doing your research and due diligence to make sure you find a deal that provides you with everything you’re likely to need.

In this guide, we’re going to highlight some interesting facts regarding employee disability insurance, Image result for statistic related to disability insuranceso you’ll be better informed on the subject regardless of whether you’re looking to take out a policy or claim on one. With this in mind, let’s take a closer look.

First of all, it’s worth noting that employee disability insurance can be useful for people of all ages, so just because you’re on the younger side doesn’t mean you can’t benefit from a policy. Of course, while statistics show that most claims come from people who are older, there are still various risks that younger workers can face at work, so it’s wise to be insured against these worst-case scenarios whenever you take out employee disability insurance San Francisco or anywhere else.

Furthermore, it’s important to note that injuries at work aren’t necessarily the leading cause of disability claim. As an example of this, many claims are related to arthritis and sciatica, and there’s no denying that back pain, in particular, can be a troublesome disorder that can affect a person’s ability to work comfortably and without undue pain.

Another surprising statistic related to disability insurance is the fact that women make up the majority of new claims, with research showing that almost 60% of new claims come from women. As you’d expect, this can have an effect on the costs of any new policy that’s taken out, and all of these differences can be found within the insurance industry on a larger scale as well.

Perhaps one of the most troubling aspects of employee disability insurance is the fact that so few people have it, and while some people may think that Social Security disability will cover them if they are ever in need, it’s important to note that these payments aren’t as high as you would hope them to be. Therefore, it can be very difficult to manage with just these payments alone, which is why having a satisfactory insurance policy in place is the smart thing to do in virtually any situation.

At the end of the day, investing in quality employee disability insurance is a smart move in order to enjoy greater peace of mind if the worst-case scenario was to become an unfortunate reality.

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