Target market

Nationwide YourLife Accumulation Life is designed for affluent and high-net-worth individuals, ages 35 to 55, who are looking for the protection of life insurance and the potential for cash value accumulation leading to tax-advantaged income (primarily for retirement).

Product details

• Minimum specified amount: $100,000
• Surrender charge period: 10 years
• Fees: (Note that fees are for Nationwide Life and Annuity only. See Nationwide Life prospectus for New York-specific fees.)
  • Premium load charge (both current and guaranteed): 6.0%
  • Monthly administrative charge: $25 first year, $10 in years 2+
  • Monthly per-thousand charge: Assessed for the first 10 years after policy issue and any specified amount increase
  • Monthly cost of insurance: Varies by age, sex, duration, total specified amount, smoking status and rating
  • Mortality and expense charge: Currently 0% of variable cash value, guaranteed to never exceed 0.30% of variable cash value annually

Key features

• Designed for growth potential: Competitive product design helps to maximize growth potential
• Nationwide YourLife policy management program: Services at no extra charge that help your clients keep their policies on track
• Greater simplicity: Management tools, sales support and top-notch underwriting programs make the product easier to sell, while the permanent protection and available features make sense to clients

View the prospectus. (pdf)

View the prospectus for New York. (pdf)