The Need for Long Term Disability.

You have insurance to guard against damage to your home, your car and even your life. But, what protection do you have for your income if you become disabled and cannot work? Disabling injuries or illnesses are the number one reason for personal bankruptcies, and cause nearly 50% of all mortgage foreclosures.¹

The odds of a disabling injury or illness may be higher than you think. Three out of every ten workers will experience an injury or illness that keeps them out of work for three months or longer.² On average, a disabling injury occurs every 1.6 seconds.³ And if you are counting on worker's compensation to cover you, consider this: two-thirds of disabling accidents are NOT work related.⁴

Voluntary Long Term Disability (LTD) insurance can protect a portion of your pre-disability earnings. Standard Insurance Company designed the policy to pay you in the event you can't work due to a covered illness or injury. It replaces a portion of your income so there is money coming in during what will already be a difficult period.

LTC insurance is for covered injuries or illnesses, including mental illnesses, that keep you out of work for six months or longer, and you may receive payments until normal retirement age of 65. Unlike workers' compensation, LTD insurance covers you 24 hours a day, 7 days a week. If you're injured at home, on the road, or at work: the policy covers you.

The finances of disability can be eye-opening and life-altering. Take a few moments and complete the box below to look at the impact a disabling injury can have on your fiscal well-being and peace-of-mind.

The Voluntary LTD insurance offered by the NRLCA is through Standard Insurance Company. For 100 years, The Standard has quietly earned a reputaiono for service, financial strength and product quality. The Standard ranks second in the number of in-force LTD cases, fourth in new LTD cases, and covers a total of 7 million people through its various disability, life and dental insurance products.⁵

1 Health Affairs, The Policy Journal of the Health Sphere, February 2005
2 "Disability Insurance: A Missing Piece in the Financial Security Puzzle," America's Health Insurance Plans, 2004
3 Source: National Safety Council, Injury Facts, 2005-2006 edition
4 Source: National Safety Council, Injury Facts, 2005-2006 edition
5 As of 12/31/05, from internal report of the Employee Benefits Division. Certain statistics are unaudited.