Nationwide YourLife® Indexed UL was designed with feedback from professionals like you to offer your clients an approachable strategy for planning for the future. It’s a universal life product that offers permanent death benefit protection, minimum guarantees, index-linked accumulation and flexible access to cash values.
This product is designed for people ages 35 to 55 looking for permanent death benefit protection, minimum guarantees and the potential for growth.
Surrender charge period: 15 years for issue age up to 65, declining to 10 years for issue ages 70+
Premium charge of 6%, guaranteed not to exceed 10%
Monthly administrative fee is currently $10/month, guaranteed not to exceed $20/month
Monthly cost of insurance varies by age, sex, duration, death benefit option, total specified amount, smoking status, rating and accumulated value
Monthly per-thousand charge varies by age, sex, death benefit option and total specified amount; assessed for the first 15 years following policy issue and any increase in specified amount; rate per $1,000 decreases as the specified amount increases (the decrease is not guaranteed)