Gain greater control over your growth potential

Capture gains in the middle of a segment with Performance Lock

Performance Lock

You can use our Performance Lock to make sure you keep the index gains once your chosen performance lock percentage is reached. This feature is available on all uncapped index strategies and gives you more control over your policy’s growth potential.

Here’s how it works

Prior to beginning your index segment, you’ll choose a target Performance Lock Percentage.¹ If the index gains reach or surpass that percentage at market close, we’ll use the index value for that day as your ending value for the year, instead of the true ending value. But keep in mind that the true ending value for the index segment could be lower or higher than the value you lock in.

Setting the Performance Lock Percentage at 14%

INDEX GOES LOWER AFTER LOCK-IN

The true ending value for the index segment was lower, so the interest credited would have been less without the Performance Lock.

INDEX GOES HIGHER AFTER LOCK-IN

The true ending value for the index segment was higher, so the interest credited would have been more without the Performance Lock.

Important to remember

If the index segment never reaches your Performance Lock Percentage, we’ll use the true ending value
We’ll still credit the interest to your cash value at the end of the segment, regardless of when your value locks in
The Performance Lock Percentage is based on the index’s raw performance, and all other interest crediting parameters, such as the participation rate, spread and floor rate, will factor in after the percentage you selected

¹ Once a performance lock percentage is elected for a particular indexed interest strategy the percentage will remain in effect unless changed or canceled.

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.

FLW-0187AO-IM (7/26)