Nationwide – 10% Higher Target Premiums on IUL and VUL – For a Limited Time Only

From Nationwide

We are excited to announce a 10% increase in target premiums for a limited time only on the following products:1

Nationwide IUL Accumulator II 2020
Nationwide VUL Accumulator

Important Dates

October 17, 2022 to Jan 6, 2023
Formal applications received during this time period are eligible to receive the 10% target premium increase; policies must be funded and in force by March 31, 2023
Jan 7, 2023
The 10% target premium increase ends; target premiums return to the lower level in effect prior to the increase.
Mar 31, 2023
Policies must be funded and in force to qualify for this 10% target premium increase.

Illustration software
The Nationwide Life illustration software will be temporarily updated with the 10% target premium increase beginning Oct 14, 2022. Starting Jan 7, 2023, the illustration software will return to the prior level of target premiums and no longer illustrate the higher targets.

Designed to deliver more value
We are excited to add this year-end target premium increase to the unique package of solutions designed to help you deliver more value to your clients, including:

  • Enhanced products
    • Recent IUL cap and participation rate increases
    • New volatility control strategies
  • Accessible services and support
    • Faster and easier underwriting and policy management
    • Revamped IUL illustration output with more graphics and simplified product explanations
  • Genuine values
    • Low-cost product design with no hidden charges
    • Proud history of never having raised COI rates on in-force policyholders

 

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