Access a source of
tax-efficient
retirement income
New Heights® IUL II provides flexible access to a source of tax-efficient income you can use whenever you want, for whatever you choose
Assisting with life events
If you’d like to help loved ones cover a portion of major milestones such as college, weddings and first home purchases, New Heights® IUL II can help. Once cash value has accumulated in your policy, you can easily access it via policy loans and withdrawals.¹
Policy loans
Take income from your policy, tax-free, through policy loans.¹
Withdrawals
You can take withdrawals through partial surrenders. Your withdrawals are tax-free up to your cost basis, as long your policy remains in force and is not a modified endowment contract.¹
¹ Loans and withdrawals from the cash value may affect the death benefit and may require payment of additional premiums to meet your goals and/or prevent the policy from lapsing. 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.
If you pay too much premium, your policy could become a modified endowment contract (MEC). Distributions from a MEC may be taxable.
If you surrender all or part of the policy, the surrender may be subject to income taxes and surrender changes may apply.
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.
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.
Nationwide and its representatives do not give legal or tax advice. An attorney or tax advisor should be consulted for answers to specific questions.
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.
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.
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-0186AO-IM (8/26)