You've accomplished a lot. You worked. You saved. You made sacrifices and showed discipline. Ultimately, you want to share your good fortune with your family without forfeiting access to your money. But how?
With a Nationwide® No-Lapse Guarantee UL II universal life insurance policy, you can enjoy the fruits of your labor — and establish a lasting legacy for your loved ones.
What is Nationwide No-Lapse Guarantee UL II?
It offers affordable, guaranteed protection that can be customized to meet your specific needs today, while still being flexible enough to evolve as your needs change.
There are a number of riders you can add to customize it to meet your specific needs. Riders usually have an additional fee, not all riders are available in all states and some even have different names in different states.
Benefits of universal life insurance
With Nationwide No-Lapse Guarantee UL II you can:
Replace income with an income tax-free death benefit
Pass wealth to children, grandchildren or charitable organizations
Help cover estate taxes, estate settlement fees and medical bills
Help maintain financial independence through access to cash
Set up a buy-sell agreement to protect your business
Establish a Charitable Remainder Trust
Keep in mind that taking money from your policy will immediately reduce the cash value and death benefit and can lead to the need for additional premiums to be added into the policy in the future.