Is Long Term Disability Insurance Needed? 
Long Term Disability Insurance is needed for anyone whose income is essential to maintaining their home , business , or standard of living . Workers may have enough savings to carry them through a few months to years of being disabled , but there are usually also medical expenses involved that can rapidly deplete savings and investments . The chances of a woman being disabled at some point before retirement age are 1 on 3 , and the chances of a man being disabled at some point before retirement are 1 in 4 . So Long Term Disability Insurance is a valid need and more common than most people realize . 