What Physicians Need to Know About COLA Riders & Future Purchase Options with Ethan Abramowitz - RR Ep 16

Send us Fan MailShould physicians add a Cost of Living Adjustment (COLA) rider to their disability insurance policy? How do Future Purchase Options (FPOs), also known as Future Increase Options (FIOs), protect future earning power and insurability?In this episode of The Responsible Resident, Amber Stitt sits down with disability insurance attorney Ethan Abramowitz to discuss two of the most important disability insurance riders available to physicians: COLA riders and Future Purchase Options. Together, they explain how inflation impacts disability insurance benefits, why COLA riders can help preserve purchasing power during a long-term disability claim, and how Future Increase Options allow physicians to increase disability insurance coverage without additional medical underwriting.This episode covers:Cost of Living Adjustment (COLA) riders explainedCPI-based vs fixed COLA disability insurance ridersFuture Purchase Options (FPOs) and Future Increase Options (FIOs)Disability insurance planning for residents, fellows, and attending physiciansHow inflation affects disability insurance benefitsProtecting future insurability and future earning potentialWhy own-occupation disability insurance remains the foundation of physician income protectionHow disability insurance riders support long-term financial resilienceIf you're a physician, resident, fellow, dentist, or medical professional evaluating disability insurance, this episode provides practical guidance on building a policy that can grow with your career and adapt to future financial needs.🔗 To connect with Ethan Abramowitz:📲 LinkedIn: https://www.linkedin.com/in/ethanfabramowitz📲 Website: https://www.seltzerlegal.com/attorneys/ethan-abramowitz📲 Phone: (215) 735-4222📲 Email: [email protected]#theresponsibleresidentpodcast, #amberstitt, #ethanabramowitz, #disabilityinsurance, #disabilityinsurancelaw,📻 Thank you for tuning in to The Responsible Resident!To Download the FREE Medical Professionals Blueprint:StittStrategies.com/BlueprintIf you would like a free quote, please contact us at: mddisabilityquotes.com/responsible-residentAmber Stitt is a disability insurance specialist with over 15 years of experience helping physicians protect their income and make informed financial decisions. As the host of The Responsible Resident, she brings a structured, education-first approach to topics like disability insurance, underwriting, and income protection, areas often overlooked during medical training. 🔗 Connect with host, Amber Stitt, on Social Media:AMBER’S INSTAGRAMAMBER’S LINKEDINAMBER’S FACEBOOK📲 Be sure to visit the Stitt Strategies website:www.StittStrategies.com🎬 And remember, let's take action today!!!