How To Pick the Best Disability Insurance Purchase Option - RR Ep 8

Send us Fan MailWhat are Future Purchase Options (FPO), Future Increase Options (FIO), and Benefit Increase Riders (BIR) in disability insurance, and how do physicians use them to grow coverage over time?Disability insurance for physicians, income protection, and future increase riders explained clearly.In this episode of The Responsible Resident, Amber Stitt breaks down how physicians can increase disability insurance coverage as income grows, without going through medical underwriting again. Learn the difference between the Future Increase Option (FIO) rider and the Benefit Increase Rider (BIR), how each works, and when each may be appropriate based on career stage, income trajectory, and employer disability coverage.This episode covers key disability insurance concepts, including:How future purchase options protect insurabilityAnnual vs periodic increase opportunitiesFinancial underwriting vs medical underwritingHow employer group disability insurance impacts private coverageWhy residents, fellows, and early attendings often rely on built-in increase featuresUnderstanding how disability insurance riders work allows physicians to design income protection strategies that evolve with their careers while maintaining flexibility and control.Subscribe for more physician-focused education on disability insurance and financial planning.📻 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!!!