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Friday, February 23, 2024

Nationwide presents new VUL product

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Columbus, OH – Nationwide not too long ago introduced a brand new variable common life product that gives a versatile answer for long-term monetary objectives with assured loss of life profit safety, plus money worth development potential for your loved ones’s future.

Nationwide VUL Protector II options improved assured pricing, an Prolonged No-Lapse Assure (ENLG) Rider with a assure to age 120, and a brand new ENLG Benefit program that gives a significant low cost on single premiums in change for participation in this system. The product additionally presents a assured Nationwide VUL Rewards Program, which reduces the price of insurance coverage charges by 25% when shoppers meet a web accrued premium take a look at.

β€œNationwide VUL Protector II is designed to offer shoppers with confidence of their life insurance coverage protection, no matter market circumstances or adjustments of their private conditions,” mentioned Chuck Bremer, vice chairman of product improvement for Nationwide’s Life Insurance coverage enterprise. β€œPurchasers can profit from the expansion potential of a best-in-class funding lineup, whereas additionally having fun with the safety of a lifetime assure and a decreased value of insurance coverage.”

The product additionally presents the non-compulsory Lengthy-Time period Care Rider II that gives a versatile month-to-month money profit for long-term care bills, a Nationwide Caregiver Advocate service, and Residing Entry Advantages for terminal, important, and persistent diseases.

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β€œLife insurance coverage isn’t a one-size-fits-all answer and that’s why we created a product that enables shoppers to customise their protection and funding choices, whereas additionally offering them with entry to worthwhile sources and help,” Bremer added.

Nationwide is likely one of the main suppliers of life insurance coverage within the U.S. Nationwide VUL Protector II is out there for buy by means of monetary professionals. For extra info, go toΒ https://www.nationwide.com/private/insurance coverage/life/variable/vul-protector-ii/.

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