Most people fear dying early — but you’re far more likely to become disabled for a stretch of your working life.
The Stark Stats
- A 30-year-old has a 25% chance of being disabled for 90 days or more before retirement.
- Most disabilities come from illnesses (cancer, MS, back issues), not accidents.
What Disability Insurance Does
- Replaces 60–70% of your income if you can’t work.
- Kicks in after a waiting period (often 90 days).
- Pays monthly until you recover or reach retirement age.
Who Needs It?
Anyone who relies on a paycheck. Especially if:
- You have a mortgage or kids.
- You’re self-employed (no employer coverage).
- You’re in a physically demanding field.
Bottom Line
Long-term disability is arguably more important than life insurance. After all, you’re still alive, with bills to pay. In 2025, a policy often costs just 1–2% of your annual income.