What is a characteristic of a disability income policy possessing a Guaranteed Insurability rider?

A disability income policy with a Guaranteed Insurability rider allows the insured to periodically increase the benefit amount without having to provide evidence of insurability at the time of the increase. This feature is particularly valuable because it helps ensure that as an insured person's income and financial needs grow, their disability benefits can adjust accordingly, keeping pace with inflation and lifestyle changes. This rider gives the policyholder flexibility and peace of mind, knowing they can secure additional coverage in the future without being penalized for any changes in their health status.

The other features typical of disability income policies do not specifically pertain to the Guaranteed Insurability rider. For example, the idea that the policy guarantees coverage regardless of health status is more aligned with a guaranteed issue policy, not specifically with the Guaranteed Insurability rider. Similarly, while discounts on premiums may be associated with various policies or riders, this is not a defining characteristic of Guaranteed Insurability. The requirement to provide proof of income is also not relevant when determining the benefit increase under this rider.