Economic Death occurs when a prolonged disability prevents you from earning a living. When Economic Death occurs, you are still alive, but have become a financial burden on your family, friends and society. For many people, this is a fate worse than death.
A disability that lasts for 90 days is not Economic Death, but as you have seen from the previous statistics, this is only the minimum number of days most people are unable to work. With an average duration of disabilities between three and five years, it’s not difficult to understand the impact of living that long without an income. Fortunately for most people, Economic Death is completely preventable.