Long Term Disability Insurance
Long Term Disability (LTD) insurance is designed to pay a monthly benefit to you in the event you cannot work because of a covered illness or injury. This LTD benefit replaces a portion of your income, helping you to meet your financial commitments in a time of need.
Disability Facts - Did you know?
- Almost 3 in 10 of today's 20 year olds will become disabled before age 67.1
- Once someone has been disabled for 90 days, the average length of their disability is two years.2
- At age 35, one has a 50/50 chance of being unable to work more than three months due to a disability before turning 65.3
Use the Needs Estimator to determine if LTD insurance from The Standard may be part of the solution for you. Before you enroll at MyOEBB, please review the Long Term Disability Insurance Brochure for answers to commonly asked questions, exclusions, limitations and reductions.
1 Social Security Administration, Social Security Fact Sheet, July 2006
2 Commissioners Group Disability Basic Table, Society of Actuaries, 1987
3 Society of Actuaries, Money Magazine, April 2000