Long term disabilities (LTD) can happen suddenly or due to ongoing health issues. Most people think it will never happen to them, but statistics show otherwise. Large numbers of people from all age groups and demographics end up struggling with long term disabilities at some point in their lives. These can leave you unable to work, jeopardizing your ability to provide for yourself and your loved ones, both now and in the years to come. To protect yourself, it is important to be aware of your LTD risks.
Long term disabilities can occur as a result of accidental injuries, sudden illnesses, or due to chronic health conditions. Unfortunately, they are far more common than most people think. According to the Social Security Administration (SSA), roughly a quarter of all 20-year-olds will eventually suffer some type of long term disability before reaching retirement age. It is important to review your health history and your lifestyle for factors that could increase your LTD risks. These include:
There are steps you can take to reduce the risk of long term disabilities. These include living a healthier lifestyle, taking safety precautions at your job, going to your doctor for regular checkups, and following all of their instructions regarding testing, treatment, and medications. There are also actions you can take to ensure you are protected in the event long term disabilities do occur.
One of the most important is to review any existing long term disability insurance coverage you have in place through your employer. The Employee Retirement Income Security Act of 1974, requires employers to provide copies of all policy-related documents to their employees, free of charge and at your request. Other steps you can take to protect yourself include:
Do not let long term disabilities take you by surprise. At Bartolic Law, our goal is to ensure you are protected and that you obtain the benefits to which you are entitled. To request a consultation, contact our Chicago long term disability attorney today.