The Council For Disability Awareness (CDA) and Life Happens nominated May as Disability Insurance Awareness Month in order to raise awareness about the importance of income protection. Statistics reveal that one in four of today’s 20 year-olds will become disabled before reaching age 67.

In the face of such an ominous statistic, why aren’t more Americans covered under some type of disability insurance protection? While the majority of large employers do offer some type of long-term care protection, why are employees not electing to protect one of their most valuable assets—the ability to work and earn an income?

The CDA’s 2014 Disability Awareness Study reports that the majority of working adults are aware of their disability risks, yet 57 percent of Americans remain without disability insurance and are vulnerable to losing their income due to a disability.