Which rider allows the policyholder to increase their disability insurance annually as their income grows?

The guaranteed insurability rider is designed to provide policyholders with the option to increase their disability insurance coverage without undergoing additional medical underwriting as their income increases. This rider is particularly beneficial for individuals whose earning potential may rise over time, such as those in their early careers or professions with clear advancement opportunities. It allows them to adjust their insurance coverage to align with their growing needs and financial obligations that come with increased income. Since the policyholder can exercise this option at specified intervals or life events, it ensures that their disability coverage remains adequate as their financial situation evolves.

The other options focus on different aspects of insurance coverage or benefits but do not specifically allow for annual increases tied to income growth. Impairment riders typically address specific pre-existing conditions, multiple indemnity riders provide additional benefits in certain situations, and cost of living riders adjust benefits based on inflation rather than direct income growth. This makes the guaranteed insurability rider a unique and valuable option for managing disability insurance correlatively with earning potential.