Disability Insurance Riders
What is a disability insurance future increase option rider?
A future increase option (FIO) rider allows you to increase your disability benefit in the future without medical underwriting. FIO riders are valuable for young professionals whose income is expected to grow. You can increase coverage at specified intervals or when income increases.
Key Points
- FIO rider: increase disability benefit without medical underwriting
- Valuable for young professionals with growing income
- Increase coverage at specified intervals or when income increases
- No medical exam or health questions required to increase coverage
- An independent agent can help you evaluate FIO riders