U.S. workers are getting older and more nervous about their health, but not much more help with protecting their income against the risk of disability.
Barbara Nash, a vice president at Unum (NYSE:UNM), talked about worker attitudes in a sneak peak at upcoming employee survey results.
Unum has sponsored an online survey of 1,890 U.S. residents ages 18 to 55 who are full-time or part-time employees of companies owned by other people.
Only about one-third of the employees have long-term disability (LTD) insurance, and only 60 percent of the employees who knew they had access to LTD benefits could remember receiving any education about the benefits, Nash said.
“They really don’t get much information about it,” Nash said.
The survey participants who did receiving information about the LTD coverage said they felt much better equipped to make decisions about their coverage, Nash said.
Unum also found that the survey participants reported feeling about as stressed as the participants in a similar study Unum conducted in 2008, as the economy was starting to falter.