Survivorship Variable Universal Life


Survivorship Variable Universal Life Insurance (Survivorship VUL) is an efficient way to provide the cash needed for estate taxes and settlement costs. Survivorship insures two lives. Survivorship life insurance offers a significant reduction in insurance costs compared to single life contracts. With this type of policy, the proceeds are paid at the second death, which is generally when the major estate settlement costs and estate taxes have to be paid in the case of a married couple. This insurance policy provides both the advantages of survivorship life insurance and the growth potential of equity investments.

Survivor Options Premier and Survivor Options Elite are flexible premium adjustable survivorship variable life insurance policies that give you the features you need to help preserve your estate and more. It may provide the necessary funds for estate taxes and other estate settlement costs. It combines insurance death protection with the investment features of long-term growth potential, investment flexibility, and diversification.

Product Features:

· Professionally Managed Subaccounts
· Tax-free access to policy values6
· Minimum Face Amount is $100,000
· Automatic Asset Rebalancing
· Telephone Authorization
· Third-Party Authorization
· Dollar Cost Averaging7
· Diverse investment choices
· Growth potential for policy account value and death benefit

Riders Available (may require additional cost):

· Guaranteed Minimum Death Benefit
· Additional Insurance Benefit8
· Convertible Term Insurance
· Disablity Waiver Benefit8
· Estate Protection Term8
· Change of Insured5, 8
· Policy Split Option5
· Maturity Extension5



5. These riders do not require an additional cost.

6. Tax-free access to policy account is possible through withdrawals up to the cost basis of the life insurance policy and loans thereafter, based on current tax laws and assuming the individual policy remains in force and is not a "modified endowment contract" under IRC Section 7702 A. Keep in mind that some of these tax advantages do not apply to Modified Endowment Contracts (MECs). A MEC policy is created when payments have violated the IRS premium limitations. Therefore, any distributions from a MEC policy will become taxable and may be subject to the 10% penalty for withdrawls before age 59 1/2. Policy loans and withdrawals will reduce a policy's death benefit and net cash surrender value.

7. Dollar Cost Averaging (DCA) does not guarantee a profit or remove the risk of a loss in a declining market. DCA involves a continuous investment in securities regardless of fluctuating price levels of such securities. An investor should consider his/her financial ability to continue participating in a Dollar Cost Averaging Plan during periods of low price levels.

8. Only available at time of policy issue.

To obtain a current Survivor Options Premier or Survivor Options Elite and associated insurance products funds' prospectuses, please contact your local Nationwide Financial Network Representative. The Prospectuses contain more complete information, including charges and expenses, which should be read carefully before investing or sending money. The policy account values are not guaranteed and may increase or decrease daily depending on the investment results of the chosen subaccounts.

Survivor Options Premier is issued by Nationwide Life Insurance Company of America and Nationwide Life and Annuity Company of America, which is not licensed in New York and other companies. Survivor Options Elite is issued by Nationwide Life Insurance Company of America. Products may not be available in all states.

Securities and Investment Advisory services offered through Registered Representatives and Investment Adviser Representatives of 1717 Capital Management Company, A Registered Investment Adviser. Member FINRA (formerly NASD), SIPC. A Nationwide Financial company. Insurance Representatives of Nationwide Life Insurance Company of America and/or Nationwide Life and Annuity Company of America, which is not licensed in New York.

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