OKLAHOMA CITY, Okla., May 30, 2017 (SEND2PRESS NEWSWIRE) — The average American Fidelity Assurance Company long-term disability is nearly three years. Even though one in five adults experiences a long-term disability, most Americans are ill-prepared to cover expenses if they are unable to work (note 1). The average American could not cover a $400 emergency without selling some of their possessions and 69 percent have less than $1,000 in savings (notes 2, 3).<\/p>\n
![\"American](\"https:\/\/www.send2press.com\/wire\/images\/17-0530-american-fidelity-600x450.jpg\")
\nAccording to the Bureau of Labor Statistics, median weekly earnings of full-time workers in the U.S. in the fourth quarter of 2016 were $849 (note 4). Based on that weekly earning amount, workers would need $132,444 in savings to cover the lost income from the average long-term disability claim length of three years. On top of that, they would need funds to cover any medical expenses not covered by major medical insurance and their co-pay and\/or deductible.<\/p>\n
American Fidelity provides Disability Income Insurance to help protect Customers if they can\u2019t work due to a covered injury or sickness. It provides steady benefits to cover expenses, paying a percentage of the Customer\u2019s gross monthly earnings. American Fidelity provides disability insurance and many other supplemental benefits through employers in the education, municipal, auto and healthcare industries.<\/p>\n
One teacher recently learned of the benefits of Disability Income Insurance as she prepared for surgery. \u201cI was so surprised to find that my benefits would cover my extended recuperation even though it was summer time. Teachers don\u2019t take the summer \u2018off,\u2019 as they have mandatory trainings, planning sessions and continuing education classes. Unfortunately, my medical condition was going to make me ineligible for these salary earning opportunities. Having surgery is very stressful. The fact that I did not face financial worries at the same time is priceless,\u201d said Deborah Sullivan, Seneca Valley High School, Germantown, Maryland.<\/p>\n
Learn more about Disability Income Insurance<\/a> at: https:\/\/americanfidelity.com\/for-individuals\/employee-benefits\/disability-insurance\/<\/a>.<\/p>\n About American Fidelity:<\/strong> American Fidelity has earned an \u201cA+\u201d (Superior) from the A.M. Best Company since 1982<\/a>. One of the nation\u2019s leading insurance company rating services, A.M. Best conducts a strict review process for financial stability every year.<\/p>\n American Fidelity has recognized as one of the \u201c100 Best Companies to Work for in America<\/a>\u201d by global research and consulting firm Great Place to Work\u00ae and Fortune Magazine 11 times.<\/p>\n The Company was also selected for several other lists by Fortune in the past year, including, Best Workplaces in Finance and Insurance<\/a>, Best Companies for Giving Back<\/a>, Best Workplaces for Women<\/a>, Best Workplaces for Diversity<\/a> and the Human Capital 30: Companies that Put Employees Front and Center<\/a>.<\/p>\n Media Contacts:<\/strong> Melody Wortmann NOTES — Sources:<\/strong><\/p>\n ESB-5796-0517<\/p>\n","protected":false},"excerpt":{"rendered":" OKLAHOMA CITY, Okla., May 30, 2017 (SEND2PRESS NEWSWIRE) — The average American Fidelity Assurance Company long-term disability is nearly three years. Even though one in five adults experiences a long-term disability, most Americans are ill-prepared to cover expenses if they are unable to work (note 1). The average American could not cover a $400 emergency without selling some of their possessions and 69 percent have less than $1,000 in savings (notes 2, 3).<\/p>\n","protected":false},"author":4918,"featured_media":25318,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[105,80,38,134,455,466,353],"tags":[],"class_list":["post-25310","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insurance-news","category-employment-news","category-finance-news","category-general-editorial-news","category-long-term-care-news","category-oklahoma-news","category-senior-citizen-news","has-post-title","has-post-date","no-post-category","no-post-tag","no-post-comment","has-post-author"],"acf":[],"views":11096,"_links":{"self":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/25310","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/users\/4918"}],"replies":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/comments?post=25310"}],"version-history":[{"count":0,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/25310\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media\/25318"}],"wp:attachment":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media?parent=25310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/categories?post=25310"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/tags?post=25310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nAmerican Fidelity Assurance Company is a supplemental benefits provider with a focus on offering a different opinion for Customers in education, municipality, auto retail and healthcare. It serves more than 1 million Customers across 49 states. More information can be found at https:\/\/americanfidelity.com\/<\/a>.<\/p>\n
\nLindsey Sparks
\nSenior Public Relations Specialist
\nLindsey.Sparks@americanfidelity.com
\n405-523-5901<\/p>\n
\nAssistant Vice President, Corporate Communications, Creative Services and Culture
\nMelody.Wortmann@americanfidelity.com
\n405-523-5979<\/p>\n\n