Dividends and Whole Life Insurance EP.57

Dividends play a key role in many insurance policies, particularly Whole Life insurance. But what exactly do dividends mean, and why do we use the Paid-Up Additions (PUA) option by default? In today’s episode of Wealth Talks, Dr. Tom and John McFie talk about dividends and the importance of Paid-Up Additions, explaining how they can enhance the value of your Whole Life policy over time.

They also explore a question many policyholders have: how long should you pay premiums on a Whole Life policy? The answer is more flexible than you might think, and understanding this can help you plan for long-term financial security.

Key Takeaways:

What dividends mean in Whole Life insurance and how they work.
The benefits of choosing the Paid-Up Additions option to grow your policy.
How long you should consider paying premiums on a Whole Life policy and the options available to you.

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