Adjusting Disability Insurance in Case of a Raise
Assurity’s Automatic Benefit Increase Rider offers a dynamic solution to adjust your disability insurance in line with career growth and economic changes. This rider ensures your disability benefits keep pace with your increasing income and potential inflation.
Features of Assurity’s Automatic Benefit Increase Rider
- Annual Increase: Enhances the base policy monthly benefit by 5% of the original amount annually.
- Duration of Increase: Applicable for benefits payable after the initial year of continuous benefits.
- Maximum Benefit Increase: Benefits continue to escalate each year under the policy until the monthly benefit payment is double the original amount.
When to Consider This Rider
- Industry Growth: Ideal for individuals in sectors expecting salary growth.
- Inflation Protection: Helps maintain the value of your benefits against potential inflation.
This rider is a strategic choice for adapting your disability insurance to match your career progression and economic changes. Contact us today for a free quote.
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