Statistics on Disability Insurance Awareness among Employed Americans
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Financial Impact Without Paycheck: 7 out of 10 employed Americans (71%) would feel a financial pinch in one month or less without their paycheck. Click here to tweet this statistic.
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Knowledge on Disability Insurance: A majority of employed Americans (58%) know very little or nothing at all about their disability insurance. Click here to tweet this statistic.
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Financial Support in Case of Disability: More than 1 in 4 employed Americans would first turn to their family, partner, or friends for financial support if they became disabled and unable to work. Click here to tweet this statistic.
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Financial Burden Without Paycheck: Nearly half of employed Americans (46%) would feel financially burdened in 2 weeks or less without a paycheck. Click here to tweet this statistic.
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Generational Knowledge Gap: Employed Millennials are the generation least knowledgeable about disability insurance. Click here to tweet this statistic.
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Gender Disparity in Knowledge: More than 1 in 4 working women (29%) know nothing about their disability insurance. Click here to tweet this statistic.
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Reliance on Disability Insurance: Only 21% of Millennials would seek financial support from disability insurance if they were unable to work due to sickness or disability. Click here to tweet this statistic.
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Knowledge Comparison: Employed Americans are twice as likely to be knowledgeable about their favorite TV show compared to their knowledge about disability insurance (88% vs 41%). Click here to tweet this statistic.
[Source: “What Do You Know About Disability Insurance?” Life Happens, 2018]
