Trivia about money, jobs, budgets, credit, debt, and anything related to personal finance.

Insurance

*Approximately 90% of disabilities are caused by illnesses rather than accidents. Source

*8.3 million disabled wage earners were receiving Social Security Disability (SSDI) benefits at the conclusion of March, 2011. Source

*Less than 10% of disabling accidents / illnesses are work related. The other 90% are not, meaning Workers’ Compensation doesn’t cover them.

*About 6% of insured homes had a claim in 2009; close to 95% of them were for property damage. The costliest claims were for fire damage, at about $27,700 per claim on average.

*More than 50% of dog bites occur on the dog owner’s property, and they account for one-third of all homeowners insurance liability claims. Source

*Over 36 million Americans are classified as disabled; about 12% of the total population. Source

*The average long-term disability claim duration is 31.2 months. Source

*More than one in five workers will be disabled for 5 years or more during their working careers. Source

*Study by Kaiser Family Foundation says annual health premiums for family coverage climbed 9% vs. 3% in 2010. http://news.yahoo.com/survey- health-insurance-costs-surged-2011-150718585.html

*Its estimated that medical problems contributed to more than 500,000 personal bankruptcy filings in 2007. Source

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