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How Does a Paid-Up Additions Rider Work with IBC?

Oct 06, 2021 (0) comment , , , , , , , , , , , , , , ,

We’re often asked, what is a paid-up additions rider, and why is it an important part of the Infinite Banking Concept strategy?

A paid-up additions rider is an option you can choose to attach to your whole life insurance policy. It allows you to buy more paid-up life insurance, with an associated death benefit equal to the amount you pay for the rider.

Think of them as mini whole life policies that are linked to your base whole life policy. They’re an effective way to boost the compound growth of your policy because they have an immediate cash value worth what you paid, minus the insurance company’s one-time load fee. More paid-up additions creates more cash value and more dividends. You can use them as collateral for policy loans or surrender them for their cash value.

To learn more about how to use paid-up additions in the most efficient way possible, give us a call or visit our website today.


(289) 314-8784

Donald G Turnbull

Life Insurance Advisor, Canadian Financial Adviser, Infinite Banking Concept

Pickering, Ontario. Durham Region

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