Paid-up additional insurance lets Global policyholders use whole life dividends to buy extra coverage, boosting death benefit and cash value without higher premiums or underwriting.
Each addition is fully paid once purchased, can earn dividends itself, and may help people with declining health expand coverage without new medical review.
These additions are available only in participating whole life policies from mutual insurers, where dividends can lower premiums, add value, or be taken as cash.
A PUA rider lets policyholders contribute extra premium to buy more additions than dividends alone support, but it is usually built into the policy upfront.
That tradeoff means whole life with a PUA rider works best as a long-term strategy, separate from reduced paid-up insurance after a lapse.
