The Policy Split Option rider can be attached to a survivorship policy insuring two people. It gives you and the other policy owner the option to exchange your policy for two individual policies within a year of a particular event, such as divorce or a change to the federal estate tax law.

The Policy Split Option Rider must be selected when the policy is issued. Policy contract values and debt will be split equally. Please refer to the prospectus or your insurance contract for details about this rider.

Available products

The Policy Split Option Rider is available with the following variable life insurance policies.

Nationwide YourLife® No-Lapse Guarantee SUL II

Lifetime protection for 2 people, like spouses and business partners.

Nationwide YourLife® Survivorship VUL

Covers 2 lives instead of 1, and pays a death benefit when the second insured person dies.
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Optional riders that customize a policy to fit individual needs usually carry an additional charge and are only available through the purchase of variable universal life insurance products. Riders may be known by different names in different states and may not be available in every state.

Variable products are sold by prospectus. The product and underlying fund prospectuses contain this and other important information. Investors should read them carefully before investing. To obtain a product prospectus call 1-800-321-6064, contact an insurance professional or click on the prospectus link on Nationwide.com.

Guarantees are subject to the claims-paying ability of the issuing life insurance company. They don't apply to the investment performance or safety of the underlying investment options. Underlying subaccounts are only available as investment options in variable insurance contracts issued by life insurance companies. They are not offered directly to the general public.