Overview
Nationwide YourLife 20-pay WL is a traditional permanent life insurance that offers guaranteed and predictable cash value accumulation with no stock market risk. Guarantees are subject to the claims-paying ability of the issuing insurance company.
Target market
Nationwide YourLife 20-pay WL was designed for clients seeking affordable, traditional permanent life insurance with guaranteed premiums and guaranteed cash values for income replacement or final expense needs.
Key features
- Guaranteed death benefit protection
- Guaranteed level premium
- Lower minimum coverage amounts ($10,000; $25,000 in WA)
Sales idea
It may be more affordable than you think
Product literature/support materials
Product details
- Issue ages
- Ages 0 − 80 (Age nearest birthday)
- Minimum Specified Amount
- Nontobacco Standard: $10,000 ($25,000 in WA)
- Nontobacco Preferred, Standard Preferred: $100,000
- Nontobacco Preferred Plus: $250,000
- MEC policies are available. A higher specified amount may be required to avoid MEC status.
- Annual policy fee: $60
Riders
- 20-year Spouse rider
- Accidental Death Benefit rider
- Children’s Term Insurance rider
- Waiver of Premium rider
Get started
For more information or to make a case, contact your Nationwide® wholesaler at 1-800-321-6064.
