Please let us know if you have specific questions on these elements and/or would like a review of your current plan. 🕛 To schedule your consultation, please click here: https://mddisabilityquotes.com/schedule-a-meeting
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🚀 Tools and resources we recommend:
⚡️FREE Physician Resources: https://mddisabilityquotes.com/resources-to-download
⚡️FREE Physician’s Guide to Disability Insurance: https://mddisabilityquotes.com/physicians-guide
⚡️How Future Purchase Options Work: https://mddisabilityquotes.com/future-purchase-option
***🔅 Let’s connect at Instagram for more education and business strategies on how to build your personal risk management process! @md_disability & @amberstitt_ ***
👍🏽Recommended Resources for specific specialties:
☑️Resources for Dentists: https://mddisabilityquotes.com/dentists
☑️Resources for Federal Employees: https://mddisabilityquotes.com/federal-employees
☑️Resources for Females: https://mddisabilityquotes.com/females
☑️Resources for Residents and Fellows: https://mddisabilityquotes.com/mds-and-dos-resident-limits
☑️Resources for Optometrists: https://mddisabilityquotes.com/optometrists
☑️ Resources for Podiatrists: https://mddisabilityquotes.com/podiatrists
☑️Resources for Veterinarians: https://mddisabilityquotes.com/veterinarian
☑️Resources for Physicians in the Military: https://mddisabilityquotes.com/physicians-in-the-military
Thank you so much for stopping by today!
**Miss our first video? 1ST VIDEO IN THE SERIES HERE at Do You Really Need Own Occupation Disability Coverage?
💡 Videos for frequently asked questions:
WHAT IS OWN SPECIALTY
True Own Specialty Disability Insurance Explained: Why Definitions of Disability Matter
DO I NEED COLA?
Do you Need Cost of Living Adjustment (COLA) Rider?
THE UNDERWRITING PROCESS
The Underwriting Process
GROUP VS. PRIVATE INSURANCE
Group or Association Plans vs. Private Individual Disability Income
COMPLIMENTARY FEATURES INCLUDED
Ancillary Features (Extra Perks)
What You Will Learn:
• What a Future Purchase Option (FPO) Rider is
• How an FPO protects your future insurability
• Why physicians can increase coverage without new medical underwriting
• When Future Purchase Option increases become available
• How residency, fellowship, and income growth create increase opportunities
• Why some contracts require mandatory income reviews
• How missing policy anniversary requirements can forfeit your increase rider
• Why working with an experienced disability insurance advisor is important
• How to determine the appropriate amount of future purchase coverage
Chapters:
0:00 Introduction to the Future Purchase Option Rider
0:38 What an FPO Rider Does
1:34 When You Can Increase Your Disability Coverage
2:20 Annual Policy Reviews & Working with Your Advisor
3:26 Mandatory Benefit Update Requirements Explained
4:21 Why Tracking Policy Anniversaries Matters
5:29 Do You Need a Future Purchase Option Rider?
6:02 Choosing the Right Amount of Future Purchase Coverage