Increase Riders Help You Sell Now and in the Future

With Platinum Advantage, your clients will lock in two ways to increase coverage in the future when they’re earning more — without medical underwriting.

The Benefit Increase Rider helps policyowners increase coverage to keep pace with large jumps in income. And the Automatic Increase Benefit increases coverage each year by 4%.

Use these no-cost increase riders to help you sell now — and in the future!

How the Benefit Increase Rider Works

• Included in fully underwritten policies at no cost through issue age 50, if the client buys at least 75% of base monthly benefit offered
• Allows coverage increases up to I&P limits, based on income, every three years on the policy anniversary up to age 55
• Can increase coverage early with an income increase of 30% or involuntary loss of LTD
• Rider ends if the insured person doesn't apply and accept at least 50% of the increase offer at each option date
• Submit a short application and financial information at each option date to apply

Clients Not Eligible for BIR Increase

Policyowners must apply for an increase at each BIR option date or the rider will be terminated. If their income has increased by less than 10% and they won’t be eligible for an increase, we make it easy to quickly renew the BIR.

How the Automatic Increase Benefit Works

• Included in fully underwritten policies at no cost, through issue age 59
• Provides an automatic 4% compounded increase to the basic monthly benefit each year for an increase period of up to six years. No financial or medical information needed
• Rider ends if client declines two consecutive increases
• Can apply for more increase periods, if younger than age 59

A Win-Win for You and Your Clients

Your clients can increase their protection to keep pace with their income. And you get first-year commissions on the increases in premium!

Don’t miss the opportunity to connect with clients who are approaching their option dates. Use option dates to help them make sure their income protection covers their current income levels. It’s an opportunity to cross-sell, upsell and ask for referrals.

Contact your General Agent with questions about how to increase coverage with Platinum Advantage.