These riders give you the ability to buy more in the future if you are eligible for one when you apply for your coverage.
There’s no right or wrong it’s really just what works for you and looking at the price per dollar and what your needs are.
Let us know if you would like some help to determine what you have in place!
Please follow us on social or check us out at www.MDDisabilityQuotes.com.
What You Will Learn:
• What a Future Increase Option (FIO) rider is
• How Future Increase Options differ from Future Purchase Options (FPOs)
• How annual increase opportunities work
• Why income and employer group disability insurance affect benefit increases
• How FIO rider costs are structured
• Why some rider charges decrease while others remain until fully used
• Why reviewing your disability insurance annually is important
• How future increase riders help protect your growing physician income
Chapters:
0:00 Introduction: Future Increase Option vs. Future Purchase Option
0:07 How the Future Increase Option (FIO) Works
0:37 Understanding the Cost of FIO Riders
1:19 Flexibility and Annual Review Opportunities
1:34 Why You Shouldn’t Ignore Future Increase Opportunities
2:04 Annual Policy Reviews & Additional Physician Resources