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874-Friday Q&A: Disability Insurance and Unemployment, Worldschooling, Business Privacy

Radical Personal Finance

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What Is an Additional Purchase Benefit?

You don't even have to answer their question ere. That is most likely simply a sales device, basically of them saying, hey, as your income doubled, if your income is doubled, we'll sell you more insurance. But it's a sales device to find out if you can buy more insurance. The other kind of writer that sometimes people will put on these contracts is what's called an additional purchase benefit writer. An additional purchase benefit is an option that allows you to buy more insurance in the future without health underwriting, and usually without hobby or avocation under writing. So it could have that is well. And ithink that's ectuly pobabby what it was

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