Personalize your policy with benefits and riders

Optional features, available for an additional charge, help you tailor your New Heights® IUL ll policy to meet your specific needs

Long-Term Care Rider ll

Some life insurance policies offer long-term care (LTC) riders that work on a reimbursement basis and require you to submit bills and receipts to receive your LTC benefit. With these types of LTC riders, any expenses that don’t qualify under your benefit will have to be paid out of pocket.

The LTC Rider II offered in Nationwide New Heights® IUL II is a cash indemnity benefit, which means that once your claim is approved, you can:

Use your monthly benefit however you want — there’s no need to submit receipts¹

Receive care wherever you choose from the caregiver you designate — including at home from family members or friends

Access a Caregiver Advocate — Insureds, contract owners and their immediate family members will have access to this free service, which provides information and references for LTC service providers and community services in their area

Living access benefits

  • Chronic Illness Benefit — Allows you to receive a portion of the death benefit early to help cover expenses due to a chronic illness that’s expected to require substantial assistance for the rest of your life²
  • Critical Illness Benefit — Allows you to request a lump-sum benefit payment when you have been diagnosed with cancer, stroke or other critical illnesses²
  • Terminal Illness Benefit — Allows you to receive some of the death benefit when you are diagnosed with a terminal illness resulting in a life expectancy of 12 months or less²

Additional riders and benefits

  • Adjusted Premium Charge Rider — Spreads the first-year premium charge over 10 years and is ideal for large 1035 exchanges or significant first-year premiums; designed to improve early-year cash value
  • Change of Insured Rider — For business owners who may need to insure different employees over time
  • Guaranteed Interest Accumulated Value Feature — Automatically included and offers a 2% guaranteed cash value growth rate upon surrender or death, providing added confidence and predictability
  • Overloan Lapse Protection Rider II — If you take extensive loans from your policy, this option protects it from lapsing³
  • Surrender Value Enhancement Rider — An optional benefit to waive all or part of the surrender charges on premiums paid in the early years of the policy
  • Waiver of Monthly Deductions Rider — If you should become disabled, this optional benefit waives all monthly deductions
  • Waiver of Premium Rider — If you become disabled, this optional benefit credits a monthly premium to your policy

¹ The Long-Term Care Rider II is available at an additional charge. While bills and receipts do not need to be submitted each month to receive monthly LTC benefits, they may be needed to help establish the claim. Keep in mind that, as an acceleration of the death benefit, the Long-Term Care Rider II payout will reduce both the death benefit and cash surrender value. Make sure that life insurance needs will be met even if the rider pays out in full. Costs for long-term care vary by person, and there is no guarantee that the rider will cover all long-term care costs. Nationwide pays long-term care benefits to the policyowner. If the insured is not the policyowner, there is no guarantee that benefits will be used to pay for long-term care. The Long-Term Care Rider II may not be available in some states.

² Keep in mind that, as an acceleration of the death benefit, exercising the Chronic Illness Rider or the Critical Illness Rider payout will reduce both the death benefit and cash surrender value by an amount greater than one dollar for every dollar paid. Make sure life insurance needs will still be met, even if the rider pays out in full. Though riders that customize a policy to fit individual needs usually carry an additional charge, neither the Chronic Illness Rider, the Critical Illness Rider nor the Terminal Illness Rider has an initial cost or upfront monthly charge when any is included in the policy; however, a cost is incurred if and when the rider is exercised and policy cash values, death benefits and other policy values are reduced. A life insurance purchase should be based on the life policy and not solely on riders or features. The chronic illness, critical illness or terminal illness benefit paid will be reduced to pay due and unpaid premium or charges. Additionally, a pro rata portion of the payment will be applied as a policy loan payment if there is any outstanding indebtedness.

³ The Overloan Lapse Protection Rider II is included with the policy. There is no monthly deduction for the rider. However, there is a cost associated with the rider if and when it is invoked.

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.

The information contained herein was prepared to support the promotion, marketing and/or sale of life insurance contracts and/or other products and services provided by Nationwide Life and Annuity Insurance Company. Your coverage under the Long-Term Care Rider II is guaranteed renewable. This means that Nationwide will not unilaterally cancel or reduce coverage under this rider. Unless you request termination of this rider, it will remain in force as long as the policy remains in force. Your monthly LTC Rider II charge rate cannot increase beyond the maximum stated in your policy. However, Nationwide has the right to increase your current monthly LTC Rider II charge rate up to the guaranteed maximum monthly LTC Rider II charge rate. Any change in the current monthly LTC Rider II charge rate will be on a uniform basis for insureds of the same sex, issue age, product, rate type and rate class whose policies have been in force for the same duration.

The Long-Term Care Rider II does have exclusions, limitations, reductions of benefits and terms under which the rider may be continued in force or discontinued. For more details on cost and coverage options, contact your financial professional.

Approval for coverage under the policy and LTC Rider II is subject to underwriting and may require a medical exam.

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. Third-party 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-0181AO-IM (07/26)