Your New Heights®
IUL II policy
Flexibility to help meet your needs,
in every stage of life
Take care of your loved ones and preserve your estate
If you pass away unexpectedly, Nationwide New Heights® Indexed Universal Life (IUL) II can help make sure your family has the resources to help maintain their standard of living, pay off mortgages or other debts and carry out education plans for your children.
It also can be used as a tax-free estate-planning strategy that allows you to efficiently preserve and pass wealth on to your heirs or favorite charity, or to help you protect any business interests.¹
Build and protect a source of future income
New Heights IUL II offers you the flexibility to choose from a fixed interest strategy and a wide range of indexed interest strategies – or any combination of the strategies – that allow for growth potential to help you reach your accumulation goals. Your risk tolerance can change over time. New Heights IUL II lets you update your allocations of premium and cash value across the various indexed and fixed interest strategies to best suit your financial situation.
Index options
New Heights IUL II includes a blend of growth opportunities to help you accumulate more assets for future income.² Exclusive global and domestic indexed interest strategies incorporate momentum and diversification investing principles, and offer the opportunity for more consistent returns in a variety of market conditions. A 0% minimum floor rate ensures your cash value is always protected from any negative index performance.
More detailed information is available in Index and Strategy Options, or ask your financial professional to see the New Heights IUL II rate sheet.
Leverage enhanced growth opportunities
New Heights IUL II can help provide growth opportunities based on the positive performance of the indexed interest strategies you choose. The portion of your premium allocated to each strategy is an individual segment term that lasts one or two years. The hypothetical chart below shows how a crediting rate is determined in different markets.
The hypothetical graph above assumes a single premium amount and two-year segment terms. It is intended for informational purposes only and does not depict the actual performance of any New Heights IUL II policy or indexed interest strategy. Actual results may vary.
IUL policies are not stock market investments and do not directly participate in any stock or equity investments.
Automated Income Monitor
New Heights IUL II offers an exclusive Automated Income Monitor service that can help you take income efficiently based on when and how you want to take income.⁴
- Income amount – select an income amount, and Income Monitor will calculate how long you can take income for
- Income length – decide how long you want to take income, and Income Monitor will calculate the amount you can take
You can also specify if you want to receive your income monthly, quarterly or annually based on your needs. A Review Package will be received on the policy anniversary to help you review your goals for the policy. This packet will include an Illustration to show you how the policy is performing.
Benefit from tax-advantaged growth
New Heights IUL II also helps you keep more of your assets working for you. Any interest credited to your policy is tax-free. There are no penalties for accessing funds before age 59½, or taxes when moving funds between indexed interest strategies.⁵ Please keep in mind that New Heights IUL II provides tax-free income via loans or withdrawals from the cash value. It is important to understand that loans and partial surrenders taken from the cash value may affect the death benefit and may require the need for additional premiums to be paid. Surrender charges may apply for early surrenders and partial surrenders. Surrenders may be subject to income tax.
¹ Please contact a legal professional for advice on structuring the policy for charitable giving and estate-planning purposes.
² Loans and withdrawals from the cash value may affect the death benefit and may require the need for additional premiums. If you choose to take loans or withdrawals, the cash value and the death benefit payable to your beneficiaries will be reduced. Surrender charges may apply for early surrenders and partial surrenders. Surrenders may be subject to income tax.
³ Other factors, such as a cap or spread rate, will be used to calculate the actual amount of interest credited based on reference index performance.
⁴ With Automated Income Monitor, selecting the dollar amount of withdrawals will influence their duration (how long they last). Likewise, selecting a duration will influence the amount of the withdrawal. Either way, we will provide you the details and send you an annual update to keep you informed. Taking income out of your policy will reduce its cash value and may increase the chance it will lapse. If you plan to rely on your policy for income, ask your financial professional about using the Overloan Lapse Protection Rider to help keep your policy from lapsing.
⁵ If you pay too much premium, your policy could become a modified endowment contract (MEC). Distributions from an MEC may be taxable.
Nationwide Indexed UL products are individual index-linked universal life insurance contracts that offer life insurance protection and the potential for cash value accumulation. References to income, and/or retirement income are not intended to imply that this product is a retirement plan or that is an alternative to qualified retirement plans. References to retirement income are meant to explain that clients may regularly access the policy’s cash value through partial surrenders and loans. In certain situations, this option may be beneficial for a client as supplemental retirement planning or savings. Generally, clients should use this strategy when they have already fully utilized tax advantaged plans available to them (401, IRA, 529 Plans, etc.) It is important for clients to understand that loans and partial surrenders taken from the cash value may affect the death benefit and may require the need for additional premiums to be paid. Surrender charges may apply for early surrenders and partial surrenders. Surrenders may be subject to income tax.
This material is not a recommendation to buy or sell a financial product or to adopt an investment strategy. Investors should discuss their specific situation with their financial professional.
This policy allows for flexible premium payments, but it’s important to adequately fund it to keep it in force and to help meet your needs and those of your beneficiaries.
Indexed universal life insurance policies are not stock market investments, do not directly participate in any stock or equity investments, and do not receive dividends or participate in capital gains. Past index performance is no indication of future crediting rates. Also, be aware that interest crediting fluctuations can lead to the need for payment of additional premiums.
Be sure to choose a product that meets long-term life insurance needs, especially if personal situations change — for example, marriage, birth of a child or job promotion. Weigh the costs of the policy, and understand that life insurance has fees and charges that vary with sex, health, age and tobacco use. Riders that customize a policy to fit individual needs usually carry an additional charge.
All guarantees and benefits of the insurance policy are backed by the claims-paying ability of the issuing insurance company. They are not backed by the broker/dealer and/or insurance agency selling the policy, nor by any of their affiliates, and none of them make any representations or guarantees regarding the claims-paying ability of the issuing insurance company.
Nationwide and its representatives do not give legal or tax advice. An attorney or tax advisor should be consulted for answers to specific questions.
Products are issued by Nationwide Life and Annuity Insurance Company, Columbus, Ohio.
Nationwide, the Nationwide N and Eagle and Nationwide is on your side are service marks of Nationwide Mutual Insurance Company. Thirdparty marks that appear in this document are the property of their respective owners.
© 2026 Nationwide
Policy Form #: ICC26-NWLA-695
Nationwide New Heights IUL II
FLW-0180AO-IM (7/26)