Nationwide’s enhanced No-Lapse Guarantee Universal Life solution lets clients customize policy to their needs
Nationwide announced today that Nationwide® No-Lapse Guarantee Universal Life (UL)
With up-to-age 70 and up-to-age 120 coverage options, clients can dial in their specific coverage needs. They may wish to cover themselves up to typical retirement age, or for their entire life.
"Because the goal of this product is death benefit protection rather than accumulation, it's more affordable than most other permanent products," said
In nearly all states, the new No-Lapse Guarantee
Product benefits
Tax Advantage – Income tax-free death benefit for your beneficiaries.
Premium Flexibility – Flexible premiums schedule to meet your needs with a choice of guaranteed periods.
Options to customize and manage your policy – Optional riders to customize your policy to fit your needs and an Automated Premium Monitor to help you manage your policy.
Target clients
Nationwide® No-Lapse Guarantee II may be a good fit for clients who are:
- In need of flexible death benefit guarantee options
- Seeking life insurance that offers guarantees
- Interested in planning for possible long-term care expenses
The No-Lapse Guarantee
For more information about Nationwide® No-Lapse Guarantee
Be sure to choose a product that meets long-term life insurance needs, especially if personal situations change — for example, marriage, birth of a child or job promotion. Weigh the costs of the policy, and understand that life insurance has fees and charges associated with it that vary based on your decisions and characteristics including sex, health, age and tobacco use. Riders that customize a policy to fit individual needs usually carry an additional charge.
About Nationwide
Nationwide, a Fortune 100 company based in
Life insurance is issued by
All guarantees and benefits of the insurance policy are subject to the claims-paying ability of
Nationwide, Nationwide is on your side and the Nationwide N and Eagle are service marks of
NFM-17836AO
Contact:
Charley Gillespie
(614) 249-5701
[email protected]
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SOURCE Nationwide
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