Suffering an injury or illness that prevents you from working is not only physically and emotionally wrecking, but can cause financial struggles as well. That’s why at Fleschner, Stark, Tanoos & Newlin, our Social Security Disability lawyers believe it’s important to be educated about the risks that can lead to disabling conditions, as well as the best ways to protect yourself in the event of an unforeseen accident or illness.
Age may be one of the most crucial aspects to consider when looking at some of the most common contributing factors to disabling conditions. A growing number of adults over the age of 50-years-old are filing disability claims, but a large number of younger workers are seeking disability benefits as well. Records indicate people 40-years-old and younger make 4 in ten disability claims.
Arthritis disability has also become the most commonly reported disabling conditions, accounting for almost 30 percent of all new disability claims.
So what’s the best way to protect yourself and your family from the damage that can be done by a disabling condition? An article in Forbes magazine points out several different options that are available to most citizens.
The first is filing for Social Security Disability benefits. It could be more than a year before a claim is approved and a payment is received though. That’s why getting a long-term disability insurance policy (LTDI) is so important.
Having an LTDI will increase the chances of receiving Social Security Disability benefits if you do become disabled. It will also help ensure your family remains financially stable during your time out of work.