A dual-purpose nose pad insert assembly (100) is provided. The dual-purpose nose pad insert assembly (100) includes an upper post (106) connected to a pad substrate (101) where the post (106) includes an aperture proximal to its free end as well as a pair of detent channels (104) on its opposing sides. A lower removable post (107) is connected to the pad substrate (101) as well and also includes a pair of detent channels (104) disposed on respective sides thereof. The nose pad insert (100) with both posts can accommodate a push-on pad arm assembly on an eyeglass eyewire. To accommodate a post and screw pad arm assembly, the lower post (107) is snapped off and removed to leave the upper post (106) and its aperture therethrough remaining for installation into a post and screw pad arm assembly.