Riders and Programs for Life Insurance

How can you tailor a life insurance policy to meet your unique needs?

You add something extra to it − like an optional rider or program. Riders and options offer additional coverage and protection on select life products at an additional charge.

Estate Protection rider

This rider provides extra temporary coverage for up to four years. It is intended to offset any additional estate tax that may be due if the policy is included in the insured’s estate. Please refer to your insurance contract, client guide, or investment professional for specific details on this rider.

Nationwide Allocation Architect^® (NAA)

NAA is an asset allocation service, sponsored by Nationwide Investment Advisors, LLC, that lets you invest your variable life contract assets according to one of five asset allocation models ­ saving you time and effort. You and your investment professional choose a model that fits your needs and goals, and leave the rest to the pros. Read more about NAA (PDF).

The use of diversification and asset allocation as part of an overall investment strategy does not assure a profit or protect against loss in a declining market.

Nationwide Investment Advisors, LLC (NIA), an SEC-registered investment advisor, serves as the investment advisor to each participating policy owner solely for the purpose of offering the Nationwide Allocation Architect^® (NAA) program models. NIA has limited discretionary investment authority over a contract owner’s NAA program account, to allocate and rebalance variable contract assets in accordance with the model selected by the policy owner.

Policy Split Option rider

This rider can be attached to a survivorship policy insuring two people. It gives the policy owners the option to exchange their policy for two individual policies within six months of a particular event like divorce or a change to the federal estate tax law. The rider must be elected when the policy is issued. Policy contract values and indebtedness will be split equally.

Adjusted Sales Load rider

This rider lets the policy owner defer the usual sales load charge and spread it out over a selected number of years.

The rider must be elected when the policy is issued. The rider cost increases with the amount of sales load that is deferred. Please refer to your insurance contract, product prospectus, or investment professional for specific details. Your investment professional can answer your questions and provide you with illustrations demonstrating the impact of purchasing the rider.

Life insurance is issued by Nationwide Life Insurance Company or Nationwide Life and Annuity Company, Columbus, Ohio. Riders may not be available in all states. Protections and guarantees are subject to the claims-paying ability of the Nationwide Life Insurance Company.