Why is Disability Important When you are Ill?

Life-threatening or debilitating illnesses can be devastating for those diagnosed and their families. The Social Security Administration projects that a 20-year-old has a 26.8% chance of being disabled for at least 12 months before reaching retirement at age 67. That statistic is alarming because the odds of becoming disabled are great.

As well, in addition to the potentially large expenses for surgeries, medication, and other treatments, many patients are unable to work and maintain a stable income for their household, leading to a very difficult financial situation.

Fortunately, those diagnosed with a life-threatening condition or illness may be able to receive assistance in the form of financial benefits from disability. Your job may have offered a disability insurance policy in the benefits package, or you may have had the forethought to purchase one on your own to ensure the necessary financial support. It does serve an important purpose in replacing a portion of your salary if you become sick and are unable to work for several months or more.

If not, you can apply for benefits through the Social Security Administration for yourself and your family. Disability benefits can help you meet your monthly bills and maintain your financial security when health won’t allow you to work.

When you are ill, its necessary for you to focus on your recovery and not be worried about wondering how you are going to pay your rent or mortgage.

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