Sounds simple enough. Adding more features to your software usually means it can do more things. Which means it can serve humanity more. Which means it can make users happier.
Now you have four choices to make while filling this form, over and above the initial data that is being captured. You have to think about what each of the four things is, and the implications of having them on or off. And then think about the effect of each of them being on/off has on the others.
Is the cost of adding this feature (development time, money, staff resources, documentation, increased complexity) worth the benefit it will bring to customers or to the business?
As software grows in complexity you need to be prepared to say NO more, after weighing these issues, for the good of the product.