Policy cash value:
your money, your choice
New Heights® IUL provides flexible access to a source of tax-free income you can use whenever you want, for whatever you choose
Covering the costs of 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 can help. It also provides a source of funds you can use for unexpected events like home repairs or medical expenses. Whatever the occasion, the choice is yours. Once cash value has accumulated in your policy, you can easily access it via policy loans and withdrawals.1
1 As long as the policy is not a modified endowment contract. The policy design you choose may impact the tax status of your policy. If you pay too much premium, your policy could become a modified endowment contract (MEC). Distributions from a MEC may be taxable. 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.
If you surrender all or part of the policy, the surrender may be subject to income taxes and surrender changes may apply.
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.
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