Do you want the protection of life insurance while building assets for tax-advantaged retirement income? If so, Nationwide Variable Universal Life (VUL) Accumulator may be right for you. Variable universal life offers flexible life insurance protection and cash value growth potential to use as retirement income or for other expenses.1 The optional riders (available for an additional charge) let you customize a policy to fit your needs.

Key features

Our flexible premium variable life insurance can help with:
  Death benefit protection
  Insurance-based income solutions
  Supplemental investing
  Business planning

  Legacy or estate planning

Get the details about Nationwide Variable Universal Life Accumulator

Available riders & options

Customize your policy to your specific 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.

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.

Spouse Rider

Get level term life insurance on your spouse.

Accidental Death Benefit Rider

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

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.

Overloan Lapse Protection Rider

Take loans and withdrawals without fear of your policy lapsing.

Surrender Value Enhancement Benefit

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

Waiver of Monthly Deductions Rider

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

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[1] The information regarding access to cash value assumes that the contract qualifies as life insurance under Internal Revenue Code (IRC) Section 7702. Most distributions are taxed on a first-in/first-out basis as long as the contract remains in force and meets the non-MEC (modified endowment contract) definitions of IRC Section 7702A. But if it is a MEC, then any distributions you take from your policy will generally be taxable and subject to a 10% penalty tax if you're 59½ or younger. If you choose to take loans or partial surrenders, the cash value and the death benefit payable to your beneficiaries will be reduced. Surrender charges may apply for early surrenders and partial surrenders. Surrenders may be subject to income tax.

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.

Variable products are sold by prospectus. Carefully consider the investment objectives, risks, charges and expenses. 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.

Investment options offered within the Variable Universal Life insurance products are subject to change, and there is no guarantee that the investment objectives will be achieved.

Optional riders that customize a policy to fit individual needs usually carry an additional charge and are only available through the purchase of a variable universal life insurance product. Riders may be known by different names in different states and may not be available in every state.

Guarantees are subject to the claims-paying ability of the issuing insurer. They do not 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.