Why Life Insurance Is Important!

• Did you know that 25% of those entering the workforce today will face disability at some point during their working lives? If you are one of them, you’ll probably get better and return to work after a recovery period, but how would you pay your bills in the meantime? Would you rather be focused on getting better, or worrying about your family’s finances?

• Just over half of working Americans worry about the effects of a disability. Among younger workers the percentages are higher

• The average worker faces a 3 in 10 chance of suffering a job loss lasting 90 days or more due to a disability.

• More than half of all personal bankruptcies and mortgage foreclosures are a consequence of disability.

• The Social Security Administration estimates that one in four 20 year-olds in the workforce today will suffer a disability before they retire.

• The percentage of women who receive benefits as disabled workers has risen steadily over the years. In 1990, 35 percent of women received SSDI benefits. The latest figures show nearly half of all SSDI recipients are women.

• 7 in 10 working Americans understand the importance of disability insurance, yet only one third have coverage

• A study by Unum on 10-years of disability insurance claims reveals significant increases in musculoskeletal issues and joint disorders. Unum identified two specific trends driving the increases: aging baby boomers staying in the workforce longer and obesity, with more than a third of U.S. adults classified as overweight or obese.

• In 2016, an estimated 1,685,210 new cases of cancer will be diagnosed in the United States and 595,690 people will die from the disease.

• The most common cancers in 2016 are projected to be breast cancer, lung and bronchus cancer, prostate cancer, colon and rectum cancer, bladder cancer, melanoma of the skin, non-Hodgkin lymphoma, thyroid cancer, kidney and renal pelvis cancer, leukemia, endometrial cancer, and pancreatic cancer.

• The number of new cases of cancer (cancer incidence) is 454.8 per 100,000 men and women per year (based on 2008-2012 cases).

• The number of cancer deaths (cancer mortality) is 171.2 per 100,000 men and women per year (based on 2008-2012 deaths).

• Cancer mortality is higher among men than women (207.9 per 100,000 men and 145.4 per 100,000 women). It is highest in African American men (261.5 per 100,000) and lowest in Asian/Pacific Islander women (91.2 per 100,000). (Based on 2008-2012 deaths.

• The number of people living beyond a cancer diagnosis reached nearly 14.5 million in 2014 and is expected to rise to almost 19 million by 2024.

• Approximately 39.6 percent of men and women will be diagnosed with cancer at some point during their lifetimes (based on 2010-2012 data).

• In 2014, an estimated 15,780 children and adolescents ages 0 to 19 were diagnosed with cancer and 1,960 died of the disease.

• National expenditures for cancer care in the United States totaled nearly $125 billion in 2010 and could reach $156 billion in 2020.

Note – National Cancer Institute    

Schedule of Benefit Highlights

• Guaranteed Issue
• Hospital Benefits
• Surgery Benefits 
• Radiation & Chemotherapy Benefits 
• Wellness & Non-Medical Benefits 
• Cancer Maintenance Therapy Benefit 
• First Occurrence Rider