It also includes trust programs and trust services offered by Nationwide Trust Company, FSB. To receive the Nationwide IUL Rewards Program benefit in Nationwide IUL Accumulator II, net premium payments (all premium paid minus any loans or partial surrenders) must satisfy an accumulated premium test at the start of policy year 16 (or earlier for issue ages 51 or older). Individuals or couples who have at least $400,000 (or $500,000 in the case of couples) in liquid assets that are a good fit for a hybrid policy. underwriter and general distributor for the following separate investment accounts of Nationwide or its affiliates: Associate The Combination Enhanced Death Statement of Adding these features will make this a more attractive option for investors looking to protect their assets in uncertain markets, while enhancing the legacy they will pass to their loved ones.. 1-877 On Your Side ( 1-877-669-6877) Facebook. Nationwide Nationwide DPA, which was created with product development partner Annexus, the premier independent designer of indexed retirement solutions, also provides three defined protection levels which limit negative performance. And it guarantees that your income benefit base will continue to grow by the greater of: For Nationwide High Point 365 Select Lifetime Income Rider, income payments can begin after the fifth contract anniversary and the date when the younger covered life reaches age 50. additional charge at an annualized rate of 0.65% of the Daily Net Assets, an applicant can elect the Combination Enhanced Death Benefit Option. Living benefit riders Death benefit riders Additional features Nationwide Lifetime Income Track Rider Offers guaranteed lifetime income, low fees and growth potential. stock corporation. Nationwide Destination B 2.0 Annuity - Nationwide Location of Accounts and Option 2: The death benefit will be the greater of the specified amount plus the accumulated value as of the date of the insured's death or the minimum required death benefit . Registered What Is a Level Death Benefit? interest anniversary value is equal to purchase payments, accumulated at the Interest Anniversary Rate until the last Contract Anniversary prior to the Annuitant's 81st birthday, proportionately adjusted for amounts withdrawn. For It's designed to help accumulate assets to provide income for retirement. PDF Nationwide CareMatters II - Crump Life Insurance Financial General Agency, Inc. Indexed Universal Life Insurance Products - Nationwide Financial 1 Under the Return of Premium Death Benefit, the Death Benefit is equal to the greater of the Contract Accumulation Value, or the purchase payment amount adjusted proportionately for any withdrawals. supplement updates certain information contained in your prospectus. company acts primarily as a holding company for companies within the Nationwide organization that offer or distribute life insurance, long-term savings and retirement products. For further assistance, please give us a call at 1-888-867-5175. PDF Nationwide IUL Accumulator II 2022 Product Overview only), One-Month Enhanced Death Benefit Option Vice President-NW Retirement Plans and Director, Senior 1 to the registration statement (File No. Nationwide Funds are distributed by Nationwide Fund Distributors, LLC, Member FINRA, Columbus, OH. Life and Annuity Insurance Company. with T. Rowe Price Equity Series, Inc., T. Rowe Price International Series, Inc., T. Rowe Price Fixed Income Series, Inc., and T. Rowe Price Investment Services, Inc. dated October 1, 2002, as amended, under document "trowefpa99h15.htm.". with American Funds Insurance Series and Capital Research and Management Company dated July 20, 2005, as document "americanfundsfpa.htm.". Benefit from the greater of: Guaranteed 4% compound annual growth Your Minimum EDB value will grow daily at a 4% compound annual rate up to 200% of your purchase payment Highest daily growth opportunity Every new Highest DAV (Daily Accumulation Value) is locked in to your high point enhanced death benefit Please note, the contract does not directly participate in any stock or equity investments. with Nationwide Variable Insurance Trust (formerly, Gartmore Variable Insurance Trust) dated February 1, 2003, as amended, under document "nwfpa99h12a.htm. Fund Participation Agreement purposes of calculating the interest anniversary value, 0% will accrue for that year. ET. Each product has its own vesting schedule. The One-Year Enhanced Death Benefit Option is available for contracts with Annuitants age 80 or younger at the time of application. company provides investment advisory services. Nationwide Life Insurance Company, Nationwide Life and Annuity Company, Nationwide Investment Services Corporation and Nationwide Fund Distributors are separate but affiliated companies. The general distributor for variable products is Nationwide Investment Services Corporation (NISC), member FINRA, Columbus, Ohio. Current Income Benefit Base is calculated, see. Products and discounts not available Contract Owner will pay when buying, owning, or surrendering the contract. Edge, or Mozilla Firefox. The Nationwide Retirement Institute is a division of NISC. only available for contracts with Annuitants age 70 or younger at the time of application. Explore this Annuity Schwab Retirement Income Variable Annuity (i) Contract Value or (ii) net purchase payments) at no additional charge. Here are our top picks for the best senior life insurance policies: Penn Mutual Protective Equitable Pacific Life Transamerica Midland National Penn Mutual 5.0 Compare Quotes Compare quotes from. Nationwide Lifetime Income Track option may only be elected if and when the Nationwide Lifetime Income Track option is elected. The Call our Solutions Center at 1-800-848-6331. Sitemap. Indexed Universal Life Insurance (IUL) Meaning and Pros and Cons Fund Participation Agreement Level Death Benefit: What it Means, How it Works, Example - Investopedia Please save yourself some frustration, and upgrade your browser in order to view our site. This feature is available for no additional cost. partial surrender of $60,000. The general distributor for variable products is Nationwide Investment Services Corporation (NISC), member FINRA, Columbus, Ohio. Please give us a call at. Accessibility Following is a list of entities directly or indirectly It also includes trust programs and trust services offered by Nationwide Trust Company, FSB. appropriate box), Prospectus supplement dated December19, 2014. total of all purchase payments made to the contract is less than or equal to $3,000,000, the death benefit will be the greatest of: The Individual investors interested in learning more about the benefits of defined protection should contact their financial professional or visit, See banking services provided by Axos Bank , More info about closed bank account inquiries, See banking services provided by Axos Bank, Now From [2] A partial withdrawal in excess of the free withdrawal amount (lifetime income under the rider qualify as free withdrawals) or contract surrender before the end of the Surrender Charge period, will receive the vested percentage of the purchase payment bonus as part of their surrender value. will reduce the accumulated value as of the most recent Contract Anniversary prior to each partial withdrawal in the same proportion that the Contract Value was reduced on the date of the partial withdrawal. Do Not Sell or Share My Personal Information, Not a deposit Not FDIC or NCUSIF insured Not guaranteed by the institution Not insured by any federal government agency May lose value, Were here to help with a tow, jump start and more, Prevent accidents and maintain grain operations, Topics for farmers and agribusiness operators, Debunk the myths that may impact your money-saving ability today, Let a financial professional address your concerns, Give your loved ones peace of mind - for free, Make informed decisions on your coverage to get the most benefits. Parenting is one of the most complex and challenging jobs you'll face in your lifetime -- but also the most rewarding. In lieu of the standard death benefit, an applicant may elect Fund payments to Nationwide The It looks like your web browser has JavaScript disabled. The cost is calculated on the enhanced death benefit value and deducted from the contract value quarterly. The Combination Enhanced Offers retirement income for those planning for or living in retirement. document.write(new Date().getFullYear()) Nationwide Mutual Insurance Company and affiliated companies, Privacy Investors should discuss their specific situation with their financial professional. controlled by or under common control with the depositor or registrant. with Nationwide Variable Insurance Trust (formerly, Gartmore Variable Insurance Trust), American Funds Insurance Series, and Capital Research and Management Company dated May 1, 2006, under document "nwfpa99h12b.htm. with Fidelity Variable Insurance Products Fund dated May 1, 1988, as amended, including Fidelity Variable Insurance Products Fund IV and Fidelity Variable Insurance Products Fund V, under document "fidifpa99h5.htm. The contract prospectus contains information about the contracts features, risks, charges, and expenses. Complimentary death benefit features added to Nationwide Defined Benefit Option is available for contracts with Annuitants age 80 or younger at the time of application. The next table describes the fees and expenses that a Contract Investing & retirement Annuities Riders One-Year Enhanced Death Benefit Rider By locking in the one-year enhanced death benefit at the highest annual contract anniversary, you may be able to increase the value of your variable annuity for your beneficiaries. Ownership is indicated through indentation. The Nationwide Group Retirement Series includes unregistered group fixed and variable annuities issued by Nationwide Life Insurance Company. The Spousal Protection feature protects both spouses and provides a death benefit on both of their lives, even on qualified contracts. One Nationwide Plaza, Columbus, Ohio 43215, (Address of Depositor's Principal Executive Offices) (Zip Code), Depositor's Telephone Number, including Area Code. Nationwide Lifetime Income Rider Vice President-Chief Financial Officer and Director, Senior 1, The Spousal Protection feature protects both spouses and provides a death benefit on both of their lives, even on qualified contracts. Fund Participation Agreement contracts), Administrative Charge (applicable to all 333-62692 under Exhibit 24(b), and is hereby incorporated by reference. Nationwide Consolidated Statements of Cash Flows 333-103093) as Exhibit (3) and hereby incorporated by reference. the beneficiary recovers a lesser percentage of purchase payments in excess of $3,000,000 than for purchase payments up to $3,000,000. highest Contract Value on any Contract Anniversary before the Annuitant's 81st birthday, less an adjustment for amounts subsequently withdrawn, plus purchase payments received after that Contract Anniversary; or. These new automatic features are uniquely positioned to fit the emerging needs of financial professionals and their clients in todays challenging economic environment.

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