Overview
Nationwide Future Corporate VUL is a flexible premium variable universal life insurance policy that is designed for use with business clients to informally fund executive benefit plans for their key employees.
Target market
Business clients who need help attracting, retaining and rewarding key people.
Key features
- Guaranteed and Simplified Issue underwriting, where applicable
- No surrender charges for a complete surrender of the policy
- Cash value enhancement – a dollar amount that is added to the policy upon a complete surrender of the policy
Investment options
We offer a wide variety of investment options across a broad spectrum of asset classes and styles, including multiple asset allocation funds.
Product details
- M&E charge: 0.25% of daily net assets in years 1 − 4, 0.20% of daily net assets in years 5 − 15, 0.10% of daily net assets in years 16+
- Administrative charge: $5/month current, $10/month maximum
- No surrender charge
Riders
- Supplemental Insurance rider
- Change of Insured Rider
Get started
For more information, contact your Nationwide wholesaler or Nationwide Business Solutions Group at 1-877-351-8808.