FIO is sometimes referred to as future increase option rider or additional purchase benefit. It is available to occupation classes 6, 5, 4, 4P and 3.

This allows individuals to buy coverage not only for their current incomes but for their expected income increases during their careers. The ProVider Plus FIO Rider can be exercised each year on the policy anniversary up to the age of 55. All that is required at the time of purchase of the additional coverage is financial documentation proving that your income warrants the increase and evidence of other in force or applied for coverage. Some companies have placed certain limitations on this feature to limit exercises to every other year or every third year up to the age of 55. Provider Plus allows the exercise of the FIO rider every year and after the age of 45, you can exercise one-third of the rider every year until the age of 55. Note that you can only exercise in all years an amount equal to the amount of FIO you have purchased. There are no guarantees that your insurability will not be compromised by an illness or injury in the future. The FIO protects your insurability.

Automatic Increase Rider

The Automatic Increase Rider is an option that you may choose if you would like your benefit to grow at a 4 percent compound interest rate each of the first five years that you own the policy. The benefit amounts and premiums for these increases will be listed on the schedule page of your policy. No financial documentation nor applications are required. If you elect all five increases, your benefit will have grown by 21 percent at the end of the fifth policy year. You may be eligible to extend the AIR Rider for an additional 5 year period if your income has grown at the same rate or faster than your benefits. If you do not want the increases or you have not had the growth in income to warrant another five years of the rider, your benefit will simply be frozen at the level to which it grew in the first five years. The Automatic Increase Rider is only available to occupation classes 6, 5, 4, 4P and 3.

The Social Insurance Substitute Rider

The typical scenario is that a benefit of $4000, for example, can all come from the insurance carrier. This means that if the individual becomes totally disabled under the terms of the policy he or she will receive the $4000 benefit, and if so, the insurance carrier is responsible for the full benefit each month as long as the individual remains totally disabled. An option to reduce the cost is that the insurance carrier may have responsibility for $2500 a month and the Social Security Administration may be responsible for $1500 per month. If, indeed, Social Security agrees to pay the $1500 per month, this lessens the insurance company's burden each month to $2,500. However, if the insured is totally disabled under the terms of the policy and Social Security does not pay any benefit, Provider Plus will pay the full benefit of $4000. It is important to note how each company's policy coordinates with Social Security. Some carriers simply say that they reduce any benefits payable by any benefits paid by a group plan, an association plan or Social Security benefits. Some individual carriers will not offset benefits for anything received by Social Security or association plan. (Some companies that offer this type of rider or one similar to it will only pay the $1500 a month if Social Security pays nothing. If Social Security pays, for example, $300 per month, many companies will only pay $2500. In other words, if Social Security pays anything, many companies will not pay any money on the rider and pay only the basic benefit, meaning $2500 in this case.) This Rider is not available in California. In New York and New Jersey only, for occupation classes 6, 5, 4, 4P, and 3, the SIS benefit is paid if you are not receiving any benefits from social security.