Is Disability Insurance Really Needed?
Disability insurance can help you and your members protect a paycheck if you're unable to work due to an injury, illness (including mental health conditions and substance abuse), pregnancy or childbirth. Where health insurance pays your doctor, disability benefits are paid directly to members enrolled in CTA-endorsed Disability insurance. Benefits can be used for any expenses including rent or mortgage, groceries, child care, utilities, etc. And CTA-endorsed Disability insurance covers disabilities that occur on or off the job.
Top Causes of Disability Claims for CTA Members
Based on the claims decisions data developed by The Standard for period of 8/1/2020 - 7/31/2023
How long can you go without your paycheck if you're not working?
40% of U.S. adults don't have enough savings to cover three months of living expenses.
Source: Council for Disability Awareness, https://disabilitycanhappen.org/disability-statistic(opens in a new window) as of Oct. 21, 2021.
Want to Learn More?
Watch this short video.