Blended PUA Explained: How Coverage Converts Over Time

Can go by different names. Some companies may have this option, some may not. And so in Canada it's often called an enhanced protection. You might hear it referred to as a blended PUA type of a ride or something like that. And so this is a scenario where essentially the dividend is basically we're adding an extra layer of a term insurance with the, with the policy. And so it's either increasing the coverage or something to some degree. And, and that is going to almost like an automatically convert. So when the dividend comes in, it's going to pay the cost of that term insurance. Often it's done as a one year. And so each and every year there's like this conversion element that happens until eventually, hopefully, hopefully if it all works well, all of that term insurance gets replaced and converted over time into paid up insurance. But you maintain a total coverage amount over that whole time frame.