Paid-up Additions Explained | Can you family stay in the home if you pass away?

Paid-Up Additions (PUAs) buy extra coverage using life insurance dividends, without raising premiums.
Available on dividend-paying whole life, typically participating policies from mutual companies.
Dividends aren’t guaranteed; some mutual insurers have long histories of yearly payouts.
Using dividends for PUAs skips new medical exams; pricing depends on age at issuance.
PUAs can speed cash value growth, but overfunding risks MEC tax treatment.