Grant (42) is a software programmer who makes $90,000 annually. Just recently, Grant purchased disability insurance (DI) policy with a future purchase option (FPO) rider. The policy has a 60-day waiting period, a 10-year benefit period, and pays a monthly benefit of $4,000 in the event of Grant’s disability. Which of the following statements CORRECTLY describes what will happen given Grant’s policy and circumstances? 

a)Any use of the FPO will be subject to medical underwriting at the time the option is exercised and may not be available if Grant has a change in health.

b)At his current level of income, Grant will not be able to exercise the FPO rider until he receives an increase in salary. 

c)The maximum amount Grant can obtain under the FPO is an additional $500 per month, bringing his total monthly benefit to $4,500. 

d)The maximum amount Grant can obtain under the FPO is an additional $1,000 per month, bringing his total monthly benefit to $5,000.