News Topic: Disability Income Insurance
More Than Two Thirds of Americans Not Prepared for Disability says American Fidelity Assurance Company
Mortgage and Finance News: (OKLAHOMA CITY, Okla.) The average American Fidelity Assurance Company long-term disability is nearly three years. Even though one in five adults experiences a long-term disability, most Americans are ill-prepared to cover expenses if they are unable to work (note 1). The average American could not cover a $400 emergency without selling some of their possessions and 69 percent have less than $1,000 in savings (notes 2, 3).