News 2931 Disability Insurance Back Pain Diabetes Depression

Do you know what the most common uses of disability insurance are? It's not a broken bone or any extreme illness. Most claims are made by those who suffer from back pain, diabetes, depression or hypertension. You don't have to have a computer fall on your head at work or be run over by a pack of wild dogs to need disability insurance, it may be a necessary purchase should you find yourself incapable of performing your job even for a limited period of time. Worker's compensation may cover you if you are injured on the job, however if you encounter a non-work related illness or injury worker's comp will leave you high and dry. "One way to look at it is that your income is probably your biggest asset," said David Woods, president of the nonprofit Life and Health Insurance Foundation for Education. "You insure your home, your car, your life. Your earned income is an asset that needs to be insured, too."

Read more: Is Disability Insurance Something I Need? (AP via Yahoo! Finance) Q. Do I need to buy disability insurance? A. Most people think of disability as the kind of illness or injury that puts someone in a wheelchair, like a riding accident did to the late "Superman" star Christopher Reeve, or of problems that lead to hearing loss or blindness.