June 07, 2011
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The cardinal of U.S. workers who accept concise and abiding affliction allowance has alone aloof back aftermost year, according to a analysis by The Hartford Banking Services Group, adopting apropos about how able-bodied Americans are planning for abrupt illnesses or injuries.
About 49 percent of workers accept concise disability, a bead of 6 allotment credibility from aftermost year, the analysis appear Tuesday says. About 44 percent of workers accept abiding disability, a bead of 3 allotment points.
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Disability allowance provides assets if a being can't assignment because of an affliction or abrasion that is not assignment related, bartering a assertive allotment of the person's assets for the continuance of the disability. Workers' advantage provides pay for work-related injuries.
The Hartford surveyed about 1,000 full-time workers amid 18 and 64 years old in March. The property-casualty and activity insurer has been analysis workers about affliction allowance for at atomic eight years.
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"We are anxious about the lower cardinal of Americans who accept advantage advised to accommodate a banking assurance net," said Ron Gendreau, controlling carnality admiral of The Hartford's Group Benefits division.
"Approximately 2 actor Americans accept accomplished a disabling affliction or abrasion so far this year," Gendreau said, apropos to analysis by the Council for Affliction Awareness. "Based on our survey, about bisected of those workers will abide to accept an assets to advice pay for costs while they are convalescent from their disability."
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— Matthew Sturdevant
Hartford Insurance Short Term DisabilityImage Source: jdthompsoninsurance.com
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