Disability insurance is arguably one of the most misunderstood types of insurance. Many believe that it’s unnecessary or irrelevant to them. But according to the 2022 Insurance Barometer Study, half of Americans (49%) say their household would face financial hardship in six months or less if their primary wage earner were to become sick or injured.
This article discusses a few of the biggest misconceptions about disability insurance and why it might be worth looking into for yourself or your loved ones.