Blog 85 – The Importance Of Unscheduled PUAs
Most of the IBC policies that we design have two types of PUA riders: scheduled PUAs that are included in the annual or monthly premium that is paid, and unscheduled PUAs that vary annually by policy year from $0 to the difference between the 7-pay premium or MEC limit for the policy and the total annual premium for the base whole life policy and the scheduled PUAs.
The best way to increase the cash value efficiency of your IBC policy and therefore, increase your wealth is to contribute as much as possible in unscheduled PUAs every single policy year. For that, you can use additional disposable income, bonuses, and other windfalls.