The New Heights® IUL death benefit provides you with a level of comfort and protection for your loved ones
If you pass away unexpectedly, a New Heights® IUL insurance policy 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.
Tax-free death benefit
New Heights IUL offers a tax-efficient way to pass funds to loved ones or a favorite charity, and is paid directly to your beneficiaries to help avoid delays due to probate or estate administration. Your beneficiaries receive 100% of the death benefit in a tax-free payment. If you plan on leaving all or a portion of your death benefit to a charitable organization, contact a legal professional to help you structure your estate.
Optional Death Benefit riders
Accelerated Death Benefit for Terminal Illness Rider – allows you to receive some of the death benefit early if you’re diagnosed with a terminal illness1.
Accidental Death Benefit Rider – provides additional coverage in the case of a death due to an accident.
1 The Accelerated Death Benefit Rider is a feature included with the policy. There is no monthly deduction for the rider. However, there is a cost associated with this rider if and when it is invoked.
Guarantees are subject to the claims-paying ability of the issuing insurer. Past index performance is no indication of future crediting rates. Also, be aware that interest crediting fluctuations can lead to the need for additional premiums to be paid into your policy.
Life insurance is issued by Nationwide Life and Annuity Insurance Company, Columbus, Ohio.