As you know, life insurance offers financial protection in the event of an unexpected death. Above and beyond this primary protection, Nationwide YourLife® Accumulation VUL offers affluent and high net worth clients a long-term strategy to help them prepare for many years to come. Features of this product include permanent protection, market participation and tax-deferred growth potential so these clients may maintain their lifestyle.
This product is designed for affluent and high net worth clients, ages 35 to 55, who are already contributing the maximum amount allowable to their qualified retirement plans, and have a need for life insurance and the ability to overfund the product.
Note: We also offer an executive version of this product – Nationwide® Variable Executive Life. It’s designed for businesses seaking a market-based strategy to recruit, reward and retain top talent or for business succession planning. This executive version offers unisex rates and preferred group underwriting, which includes guaranteed issue and simplified issue (where applicable).
Designed for growth potential — competitive product design helps to maximize growth potential
An indemnity-style long-term care rider* — pays benefits directly to the policyowner to make managing long-term care (LTC) expenses easier
Nationwide YourLife policy management program — services at no extra charge that help your clients keep their policies on track
Greater simplicity — management tools, sales support and top-notch underwriting programs make the product easier to sell, while the permanent protection and available features make sense to clients
We offer a wide variety of investment options across a broad spectrum of asset classes and styles, including multiple asset allocation funds. These funds are only available as a part of this life insurance product and cannot be invested in separately.