Are you in the market for life insurance that covers two lives instead of one? Survivorship life insurance is designed to pay a death benefit when the second insured person passes away. Nationwide YourLife Survivorship VUL can help you ensure your family or business legacy while giving you access to your policy's value while you're alive.1

Nationwide YourLife Survivorship VUL helps protect your family with insurance and customizable death benefit guarantees, usually for an additional charge. It also gives you access to professionally managed investment options to help you grow your policy's cash value at the same time, subject to market risk.

Who will benefit

Nationwide YourLife Survivorship Variable Universal Life is designed for high-net-worth individuals between 50 - 70 who want to leave a family or business legacy. It allows you to help you protect your family with insurance and customizable death benefit guarantees (usually for an additional charge), plus gives you access to professionally managed investment options to help you grow your policy's cash value at the same time, subject to market risk.

Nationwide YourLife Survivorship VUL details

  • Minimum amount is $100,000
  • Lasts for the lifetime of the surviving insured
  • Will not lapse as long as you've met the minimum monthly premium requirement
  • Declining 15-year surrender charge period; varies by state

Key features

Nationwide YourLife Survivorship VUL offers strategies for:
  • Income replacement and family protection
  • Estate planning
  • Customizable death benefit with minimum requirements
  • Potential to grow cash value
  • Business continuation
  • Access to cash value
  • Insuring the uninsurable

Read our product guide

Available riders & options

Customize your policy to your specific needs.

Additional Term Insurance Rider

Get the death protection you need, while having the opportunity to grow the cash balance of your life insurance policy.

Estate Protection Rider

Offset any additional estate tax that may be due if your life insurance policy is included in your estate.

Overloan Lapse Protection Rider

Take loans and withdrawals without fear of your policy lapsing.

Surrender Value Enhancement Benefit

Your surrender charges can be adjusted if your policy is surrendered during the first 4 years.

Adjusted Sales Load Rider

Maximize the initial investment in your policy by spreading the sales load charge over a select number of years.

Extended Death Benefit Guarantee Rider

Guarantee part or all of your life insurance death benefit, regardless of fund performance.

Policy Split Option Rider

For survivorship policies insuring 2 people. Exchange your policy for 2 individual policies within a year of a life event, such as divorce.

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Please read this important information

Variable products are sold by prospectus. Both the product prospectus and underlying fund prospectuses can be obtained by writing to Nationwide Life Insurance Company, P.O. Box 182021, Columbus, OH 43218-2021. Before investing, you should read the prospectus carefully and consider investment objectives, risks, charges and expenses. The product prospectus and underlying fund prospectus contain this and other important information.

Guarantees and protections are subject to Nationwide's claims-paying ability. They don't apply to the investment performance or safety of the underlying investment options. Underlying sub accounts are only available as investment options in variable insurance contracts issued by life insurance companies. They are not offered directly to the general public..

Nationwide YourLife is a service mark of Nationwide Mutual Insurance Company.

[1] Access to your money – This assumes that the contract qualifies as life insurance under section 7702 of the Internal Revenue Code (IRC) and is not a modified endowment contract (MEC) under section 7702A. Most distributions are taxed on a first-in/first-out basis as long as the contract meets non-MEC definitions under section 7702A. Loans and partial withdrawals from a MEC generally are taxable and, if taken prior to age 59½, may be subject to a 10% tax penalty. Unpaid loans will reduce the cash value and death benefit payable, and if the policy lapses with a loan outstanding, it will be treated as a distribution and may be subject to income tax.

Policy/certificate: NWLA-380-AO

Oklahoma Policy/certificate: NWLA-380-OK
Riders/endorsements: NWLA-372-AO, NWLA-381-AO, NWLA-382-AO, NWLA-383-AO, NWLA-384-AO, NWLA-385-AO, NWLA-415-AO
Oklahoma riders/endorsements: NWLA-372-AO, NWLA-381-AO, NWLA-382-AO, NWLA-383-AO, NWLA-384-AO, NWLA-385-AO, NWLA-415-AO