CoverScore
In development
Edition 05 · Life & Financial

A Protection Gap Score, opened by the life events that make it matter.

What your family would need vs. what you actually have — income replacement, disability, and the Social Security decisions that are hard to undo. This edition doesn't have a composite score yet: the rubric is still in design, per the same guardrail that keeps Products a directory. What's below is real: the published anchors the score will eventually weigh.

The gap, in absolute terms

What could actually happen before retirement age

Absolute probabilities, not relative risk — the same honest icon-array treatment every edition uses.

mortality · icon array
10.6% / 5.4%

SSA actuaries: a 20-year-old man has a 10.6% chance of dying before retirement age without ever qualifying as disabled; a woman 5.4% (combined 8.0%).

men10.6 per 100
women5.4 per 100
combined8 per 100
insured workers attaining age 20 in 2025 · age 20 → NRA 67
disability · icon array
23.7%

23.7% of today's 20-year-old workers will qualify for Social Security disability before age 67 — under a definition stricter than most private policies (≥12 months or fatal).

men23.5 per 100
women24 per 100
combined23.7 per 100
insured workers attaining age 20 in 2025; SSDI statutory definition · age 20 → NRA 67
What's typically on hand

Coverage and cushion, as they stand today

life insurance
51% own / 40% need

51% of adults own life insurance; 40% (~100 million adults) say they need it or more of it; 47% would face hardship within 6 months of a primary earner's death.

US adults 18–75, industry survey (self-report) · 2025 survey
Tier B · qualifier — Industry survey, self-reported ownership; LIMRA's separate ownership research estimates 59%.
employment
10.5 wks median / 25.5% 27+ wks

The median unemployment spell is 10.5 weeks — but 1 in 4 unemployed Americans has been out of work more than 6 months.

unemployed persons (CPS) · July 2026
What everyone gets wrong

Two corrections worth knowing before you decide anything

myth buster
63% cash / 13% cannot

63% of adults would cover a $400 surprise expense with cash or equivalent; only 13% could not pay it by ANY means.

US adults, SHED survey (fielded Oct 2024) · 2024
myth buster
39.9% / 13.8%

Social Security is at least half of family income for 39.9% of beneficiaries 65+ — and at least 90% for 13.8% (about 1 in 7), per admin-linked data. The old survey-only figures (52.5%/25.6%) are deprecated.

persons 65+ in Social Security beneficiary families; CPS linked to SSA+IRS records · 2015 income year
A decision that's hard to undo

Claiming triggers

qualifying_criteria is a required field on every row — there's always a real trigger condition, not a guess.

social security · checklist trigger
fires when

Workers born 1960+ (FRA 67)

−30% at 62 / +8%/yr to 70

Claiming Social Security at 62 permanently cuts the benefit 30% (FRA 67); each year of delay to 70 adds 8%. In 2023, 22.9% of new awards were at 62 and only 8.6% at 70 or later.

statutory formula; awards distribution = all 2023 retired-worker awards (awards basis slightly overstates 62 vs cohort basis) · statutory / calendar 2023
By decade

How the risk compounds later in a career

disability · gradient ladder
5 → 18 per 1,000 by band

SSDI incidence roughly doubles each decade of later working life: ~5 awards per 1,000 insured at 45–49, ~8 at 50–54, ~14 at 55–59, ~18 at 60–64 (men; women similar).

45-49
5.3f/m 5.6/4.9
50-54
8.6f/m 8.9/8.3
55-59
14.1f/m 13.8/14.3
60-64
16.7f/m 15.3/18
per 1,000 workers insured for (not receiving) disabled-worker benefits — ULTIMATE assumed rates, 2022 Trustees Report Alt II · annual
Tier B · qualifier — These are the Trustees Report's long-range ASSUMED rates, not a historical experience year (Study 125's historical table is unextractable).
What this is, and what it isn’t

CoverScore provides general educational information about insurance, not insurance advice. We are not a licensed insurance agent, broker, or consultant. Figures shown are drawn from your own policy documents and from published sources, which are cited. For advice about your specific situation, talk to a licensed insurance professional.