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  PRODUCTS — Life:

Term Life Insurance

Instead of a premium that stays the same for a specific period, with term life insurance you get a tax-free death benefit, which is why it's is probably one of the most popular forms of life insurance. So, if something happens to you, your family can keep paying for the things your income provided with help from the benefits of your term life insurance policy.

Advantages and disadvantages
Term life insurance is simple to understand, affordable and can provide required protection for your family. Because it typically is inexpensive, you can buy larger amounts without having to spend tons of money.

Keep in mind that as your life changes (for example, marriage, birth of a child or a job promotion), so will your life insurance needs. You should weigh any associated costs before making a purchase. Life insurance has fees and charges, including costs of insurance, that vary based on the insured person's gender, health and age. There are additional charges for riders that customize a policy to fit your individual needs.

The downside is that term insurance isn't a permanent life insurance solution. Once the term ends, the premiums can increase dramatically. And, the older you are, the more expensive it gets. Fortunately, you can convert many term life insurance policies to a permanent insurance policy like whole life insurance, universal life insurance or variable universal life insurance.

Not a deposit • Not FDIC or NCUSIF insured • Not guaranteed by the institution • Not insured by any federal government agency • May lose value

Guarantees and protections are subject to Nationwide's claims-paying ability. Life insurance is issued by Nationwide Life Insurance Company, or Nationwide Life and Annuity Insurance Company, Columbus, Ohio.

Product, coverage, discounts, insurance terms, definitions and other descriptions are intended for informational purposes only and do not in any way replace or modify the definitions and information contained in your individual insurance contracts, policies, and/or declaration pages from Nationwide-affiliated underwriting companies, which are controlling. Such products, coverages, terms and discounts may vary by state and exclusions may apply. Terms and Conditions

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Whole Life Insurance

It's easy to understand how your whole life insurance policy works with fixed-level premiums and conservative accumulation. And most importantly, you don't have to worry it'll lose its value.

Advantages and disadvantages
Keep in mind that as your life changes (for example, marriage, birth of a child or a job promotion), so will your life insurance needs. Make sure your whole life insurance policy fits your future needs. You should consider any associated costs before making a purchase. Life insurance has fees and charges, include costs of insurance, which vary based on the insured's gender, heath and age. There are additional charges for riders that customize a policy to fit your individual needs.

There are many reasons to consider purchasing whole life insurance. It's simple to understand. The payments are consistent month to month. And some whole life policies can be completely paid for after a certain number of years. Because your policy earns a fixed rate of interest, it's easy to foresee the growth of your investment over time.

Its uniformity means that this type of life insurance isn't very flexible. Meaning, you can't customize it however you like. But, for dependable and predictable life insurance coverage, whole life insurance may be a good option.

Nationwide whole life insurance products
  • Nationwide YourLife®WL
Already have a whole life insurance product? Log in

Not a deposit • Not FDIC or NCUSIF insured • Not guaranteed by the institution • Not insured by any federal government agency • May lose value

Guarantees and protections are subject to Nationwide's claims-paying ability. Life insurance is issued by Nationwide Life Insurance Company or Nationwide Life and Annuity Insurance Company, Columbus, Ohio.

Product, coverage, discounts, insurance terms, definitions and other descriptions are intended for informational purposes only and do not in any way replace or modify the definitions and information contained in your individual insurance contracts, policies, and/or declaration pages from Nationwide-affiliated underwriting companies, which are controlling. Such products, coverages, terms and discounts may vary by state and exclusions may apply. Terms and Conditions

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Universal Life Insurance

With universal life insurance coverage, you can provide a lasting death benefit to your dependents while earning a cash sum. Universal life insurance coverage has the benefits of a set interest rate and a guarantee that lasts as long as your premiums are paid, your life insurance will cover you for the rest of your life.

Universal life insurance products
Products may not be available in all states.
  • Nationwide YourLifeSM Current Assumption UL
  • Nationwide YourLifeSM SUL
  • Nationwide YourLifeSM Single Premium UL
  • Nationwide YourLifeSM No Lapse Guarantee UL
Through universal life insurance and the set interest rates, it guarantees that your life insurance will cover you your entire life.

Advantages and disadvantages
A universal life insurance policy has the flexibility to adapt to your shifting needs. It's more transparent than other types of fixed life (life insurance that doesn't invest in the stock market) because you can watch your account value rise as it earns interest and fall when charges are deducted. Your policy's cash value receives interest based on your existing interest rate, and these increases are tax-deferred. You can access the value of your account in cash almost anytime.1

As your personal situations shift (i.e. marriage, career promotion or birth of a child), so will your life insurance needs. Take care to ensure universal life insurance is suitable for your long-term needs. You should weigh any additional costs before making a purchase.

However, universal life insurance also puts additional obligations on you — you are responsible for making the insurance coverage changes that are best for you, and you take on the risks of investment and mortality.

Life insurance has charges and rates associated with it that include costs of insurance that vary based upon the insured individual's gender, health and age, and has additional charges for riders that customize a policy to accommodate your individual needs.

Guarantees and protections are subject to Nationwide's claims-paying ability. Life insurance is issued by Nationwide Life Insurance Company or Nationwide Life and Annuity Insurance Company, Columbus, Ohio.

Not a deposit • Not FDIC or NCUSIF insured • Not guaranteed by the institution • Not insured by any federal government agency • May lose value

1Assumes contract qualifies as life insurance under Internal Revenue Code (IRC) Section 7702. Most distributions are taxed on a first-in/first-out basis as long as the contract remains in force and meets the non-MEC (Modified Endowment Contract) definitions of IRC Section 7702A. Loans and partial surrenders from a MEC will generally be taxable, and if taken prior to age 59½, may be subject to a 10% tax penalty. Loans and partial surrenders will reduce cash value and any death benefits payable.

Product, coverage, discounts, insurance terms, definitions and other descriptions are intended for informational purposes only and do not in any way replace or modify the definitions and information contained in your individual insurance contracts, policies, and/or declaration pages from Nationwide-affiliated underwriting companies, which are controlling. Such products, coverages, terms and discounts may vary by state and exclusions may apply. Terms and Conditions

NSLLC Combined RR/IAR Required Securities Disclosure (except CT)
Securities and Investment Advisory Services offered through Nationwide Securities‚ LLC.‚ member FINRASIPC and a Registered Investment Advisor. DBA Nationwide Advisory Services‚ LLC. in AR‚ CA‚ FL‚ IL‚ NY‚ TX and WY. Representative of Nationwide Life Insurance Company‚ affiliated companies and other companies.

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