You want to plan for the future. But where do you start? College education for your kids, your retirement and the possible need for long-term care all compete for your financial attention. With Nationwide YourLife Protection VUL insurance, you get a flexible life insurance solution to help you meet multiple needs.

What is Nationwide YourLife Protection VUL?

It's variable universal life insurance that gives you the potential to protect your family and invest for the future at the same time.

VUL is first and foremost a permanent protection product. For example, VUL provides tax-deferred cash value growth potential and income tax-free death benefits. These benefits are paid to beneficiaries and, if properly structured, estate-tax free as well. But it also offers clients market potential and tax advantages they can't get from other products. Our investment lineups feature nationally recognized fund managers and more than 80 investment options.

These options include everything from simplified hands-off asset allocation options to more sophisticated specialty sector options. They are not publicly traded mutual funds or available directly for purchase by the public. Please keep in mind that the use of asset allocation does not guarantee returns or insulate you from potential losses. In addition, investing involves risk and there is no assurance that the investment objective of any fund will be achieved.

Because Nationwide and its representatives cannot give legal or tax advice, make sure you discuss any specific questions you have with your legal or tax advisor.

Potential benefits of variable universal life insurance

YourLife Protection VUL is typically less expensive than other VUL products we offer. With a number of customizable features, you can adjust YourLife Protection VUL to fit your needs:
  • Invest in the markets through nationally-recognized fund managers
  • Experience tax-deferred growth potential
  • Get a tax-free death benefit
  • Customize with a comprehensive list of additional riders for your spouse and children (available at an additional charge)
  • Income tax-free loans and withdrawals (will decrease your policy's cash value and death benefit)1

And, with YourLife Protection VUL, you can delay a payment when you need extra cash for something else. Our free Automated Death Benefit Protection Monitor will let you know if your policy is ever in danger of lapsing.

While premium flexibility is nice to have, you must have sufficient cash value to cover the minimum cost of insurance and other policy charges. If you want to continue your life insurance coverage, it's usually best to pay the scheduled premiums.

Available riders & options

Nationwide YourLife variable universal life insurance can be combined with the following riders and options to create a customized policy that is specific to you and your family’s needs.

Accelerated Death Benefit for Terminal Illness Rider

Get a one-time lump sum payment of a portion of your death benefit if you’re diagnosed with a terminal illness.

Additional Term Insurance Rider

Get the death protection you need, while having the opportunity to grow the cash balance of your life insurance policy.

Change of Insured Rider

Change who’s insured on your life insurance policy.

Extended Death Benefit Guarantee Rider

Guarantee part or all of your life insurance death benefit, regardless of fund performance.

Overloan Lapse Protection Rider

Take loans and withdrawals without fear of your policy lapsing.

Spouse Rider

Get level term life insurance on your spouse.

Waiver of Monthly Deductions Rider

Pays all monthly deductions while you’re disabled, after a 6-month waiting period.

Extended No-Lapse Guarantee Rider

Includes an automated monitoring service to help you keep on track.

Accidental Death Benefit Rider

Give your beneficiaries more money on top of your regular death benefit if your death is caused by an accident.

Adjusted Sales Load Rider

Maximize the initial investment in your policy by spreading the sales load charge over a select number of years.

Children’s Term Insurance Rider

Get a one-time lump sum payment of a portion of your death benefit if you’re diagnosed with a terminal illness.

Long-term Care Rider

Use your death benefit to pay for long-term care.

Premium Waiver Rider

If you become disabled, this rider credits a monthly premium to your policy after a 6-month elimination period.

Surrender Value Enhancement Benefit

Your surrender charges can be adjusted if your policy is surrendered during the first 4 years.

Not sure if variable universal life is right for you?
Compare all life insurance types.

Please read this important information

Keep in mind that investing involves market risk and your investment return, principal value and periodic payments will fluctuate over time. You could end up with more or less than the amount you invested.

Before you invest, please read the prospectus carefully and consider the investment objectives, risks, charges and expenses of the annuity and its underlying investment options before you invest. Prospectuses for products and underlying funds contain this and other important information. To obtain prospectuses, call your investment professional, contact Nationwide or click links to product information below.

Guarantees and protections are subject to Nationwide's claims-paying ability. They do not apply to the investment performance or safety of the underling investment options. Underlying sub accounts are only available as investment options in variable insurance contracts issued by life insurance companies. They are NOT offered directly to the general public.

Nationwide YourLife is a service mark of Nationwide Mutual Insurance Company.

[1] Access to your money- This assumes that the contract qualifies as life insurance under section 7702 of the Internal Revenue Code (IRC)and is not a modified endowment contract (MEC) under section 7702A. Most distributions are taxed on a first-in/first-out basis as long as the contract meets non-MEC definitions under sections 7702A. Loans and partial withdrawals from a MEC generally are taxable and, if taken prior to age 59½, may be subject to at 10% tax penalty. Unpaid loans will reduce the cash value and death benefit payable, and if the policy lapses with a loan outstanding, it will be treated as a distribution and may be subject to income tax.

Policy/Certificate: NWLA-410-AO
Riders/Endorsements: NWLA-412-AO, NWLA-414-AO, NWLA-415-AO, NWLA-416-AO, NWLA-417-AO, NWLA-418-AO, NWLA-419-AO, NWLA-420-AO, NWLA-421-AO, NWLA-423-AO, NWLA-229, NWLA-317, NWLA-318
Oklahoma Policy/Certificate: NWLA-410-OK
Oklahoma Rider/Endorsements: NWLA-412-OK, NWLA-414-AO, NWLA-415-AO, NWLA-416-AO, NWLA-417-AO, NWLA-418-AO, NWLA-419-AO, NWLA-420-OK, NWLA-421-OK, NWLA-423-AO, NWLA-229-35, NWLA-317-35, NWLA-318-35