If a policy is cancelled during the surrender charge period, a surrender charge is deducted from the cash value. By adding a Surrender Value Enhancement Benefit, your surrender charges can be adjusted if your policy is surrendered during the first four years.

Benefit details

The Surrender Value Enhancement Benefit is only available on corporate-owned life insurance policies and must be selected when the policy is issued.

This benefit may be known by a different name. Please refer to your insurance contract, product prospectus or investment professional for specific details on how this rider affects your surrender charges. Your investment professional will be able to discuss the cash surrender value of life insurance.

Available products

The Surrender Value Enhancement Benefit is available for use with the following life insurance policies.

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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.