You want to plan for the future. But where do you start? Balancing family protection, estate planning, and potential long-term care needs can be challenging. Nationwide Survivorship Variable Universal Life (VUL) II simplifies things by offering a single solution to address all of these needs.
Nationwide Survivorship Variable Universal Life II is a joint permanent protection product designed for 2 people that lets your cash value grow tax deferred. It provides tax-free death benefits to beneficiaries after both insured individuals have passed.
It also offers market opportunities and tax advantages you won’t find elsewhere, as well as an optional long-term care rider to help offset the cost of future long-term care needs, should either client need it. Our investment lineup features well-known fund managers and more than 50 investment options. Fund options range from simplified, low-maintenance asset allocation options to more involved specialty sector options. These aren’t publicly traded mutual funds and can’t be bought directly by the public.
Please consider that asset allocation does not guarantee returns or eliminate the risk of potential losses. All investing involves risk, and there is no assurance that the investment objective of any fund will be achieved.
Nationwide and its representatives cannot give legal or tax advice. Please be sure to discuss any specific questions with your legal or tax professional.
Nationwide Survivorship VUL II is typically less expensive than our other VUL products and it offers many benefits for you and your loved ones:
Customize your policy to your specific needs.
Long-Term Care Rider on survivorship
Accelerates your death benefit to help pay for long-term care expenses for one or both insureds.
Estate Protection Rider
Help protect yourself from additional estate taxes in cases where you own the policy while a trust is being established.
Policy Split Option Rider
If your situation changes, you can divide the policy into 2 individual policies.
Overloan Lapse Protection Rider II
|ake loans and withdrawals without fear of your policy lapsing.
Extended No-Lapse Guarantee Rider
This rider guarantees the death benefit — even if the policy's cash value is depleted.
You need to work with an insurance professional to buy this type of product. If you don’t have one, our life insurance specialists are here to help.
Call us today at 1-855-529-2729 for a no-obligation consultation.
Please read this important information
Keep in mind that investing involves market risk, and your investment return, principal value and periodic payments will fluctuate over time. You could end up with more or less than the amount you invested.
Variable products are sold by prospectus. Carefully consider the investment objectives, risks, charges and expenses. The product and underlying fund prospectuses contain this and other important information. Investors should read them carefully before investing. To obtain a product prospectus, call 1-800-321-6064, contact an insurance professional or click on the prospectus link on Nationwide.com.
Investment options offered within the variable universal life insurance products are subject to change, and there is no guarantee that the investment objectives will be achieved.
Optional riders that customize a policy to fit individual needs usually carry an additional charge and are available only through the purchase of a variable universal life insurance product. Riders may be known by different names in different states and may not be available in some states.
Guarantees are subject to the claims-paying ability of the issuing insurer. They do not apply to the investment performance or safety of the underlying investment options. Underlying subaccounts are available only as investment options in variable insurance contracts issued by life insurance companies. They are NOT offered directly to the general public.