Log in
Claims Pay a bill
Loading...
Get a quote

Call 1-855-863-9639 or

Get the protection you need without giving up the potential for growing your money. All while not being invested in the market.

How does indexed UL insurance work?

Indexed Universal Life (IUL) protects you like a traditional universal life policy, with a guaranteed death benefit. But unlike traditional universal life insurance, Indexed UL insurance  doesn’t just credit a fixed interest rate to your cash value. IUL credits interest to your policy based on the measured performance of a market index or market indexes. With Indexed UL, your money is never actually invested in the market, and you're protected with a guaranteed minimum interest rate.

Indexed universal life policies are not stock market investments, so they do not directly participate in any stock or equity investments. This helps protect you from market losses. 

Key features of Nationwide YourLife Indexed UL

GrowthGraph-outline

Growth potential

Offers the potential to build cash value without the risk of market-based losses.

DollarSign-outline

Value

Designed with a low-cost expense structure.

ThreeDivergingArrows-outline

Flexibility

Offers a number of optional riders, including a long-term care rider.

Shield-outline

Protection

Provides a base guarantee plus the option of an extended death benefit guarantee.

Learn more about Nationwide YourLife Indexed UL

Available riders & options for Nationwide YourLife Indexed UL

Customize your universal life policy to your specific needs.

Accelerated Death Benefit for Terminal Illness Rider

Get a one-time lump sum payment of a portion of your death benefit if you’re diagnosed with a terminal illness.

Additional Term Insurance Rider

Get the death protection you need, while having the opportunity to grow the cash balance of your life insurance policy.

Extended Death Benefit Guarantee Rider

Guarantee part or all of your life insurance death benefit, regardless of fund performance.

Overloan Lapse Protection Rider

Take loans and withdrawals without fear of your policy lapsing.

Spouse Rider

Get level term life insurance on your spouse.

Surrender Value Enhancement Benefit

Your surrender charges can be adjusted if your policy is surrendered during the first 4 years.

Accidental Death Benefit Rider

Give your beneficiaries more money on top of your regular death benefit if your death is caused by an accident.

Children’s Term Insurance Rider

Get a life insurance benefit if any of your children pass away.

Long-term Care Rider

Use your death benefit to pay for long-term care.

Premium Waiver Rider

If you become disabled, this rider credits a monthly premium to your policy after a 6-month elimination period.

Waiver of Monthly Deductions Rider

Pays all monthly deductions while you’re disabled, after a 6-month waiting period.
shield with leaf icon
Not sure if universal life is right for you? Compare all life insurance types.
Talk to a specialist

Please read this important information

Keep in mind that as your personal situations change (i.e. marriage, birth of a child or job promotion), so will your life insurance needs. Take care to ensure universal life insurance is suitable for your long-term needs. You should weigh any associated costs before making a purchase.

Neither the company nor its representatives give legal or tax advice. Please consult your attorney or tax advisor for answers to specific questions. Guarantees are subject to Nationwide's claims-paying ability.

Nationwide YourLife is a service mark of Nationwide Mutual Insurance Company.