Confusion may be keeping some healthy young workers who could afford disability insurance from even thinking about buying the product.
Marketers at Guardian Life Insurance Company of America and LearnVest, a personal finance site, have charted the holes in young workers’ disability insurance knowledge in a summary of results from a survey of 797 Web users ages 21 to 40.
The survey designers aimed one set of questions at the 280 participants ages 21 to 30 who said they had no disability insurance.
About 23 percent of the young, uninsured participants said the product is not worth the expense, and 21 percent said they were not eligible because they were not employed full-time.