Products
This provides temporary protection with level, fixed, and required premiums.
What is the Nationwide Guaranteed Term?
This is when a customer has an asset from which they do not need income to live, so they would like to leave a legacy.
What is Wealth Transfer
You should choose this option for your Specified Amount for most IBIS scenarios.
What is Minimum Non-MEC?
These are the two core Interest Strategies.
What is the Multi-Index Monthly Average and Annual Pt-to-Pt?
This expression is one of the reasons IUL's have become popular with retail clients.
What is Upside Potential, Downside Protection?
This product offers flexible premiums and coverage lengths, and is focused on guaranteed death benefit protection up to a specific attained age.
What is the Nationwide No-Lapse Guarantee UL II?
This is when a customer wants income during retirement or to save for education planning.
What is Insurance Based Income Solution?
This is what our "targeting" should be on most IBIS scenarios.
What is $1000?
This is the "weight" given to each of the 3 indexes based on their performance.
What is 50%, 30%, and 20%?
This is a questionnaire Financial Professionals can fill out with their clients to help NW create a free, personalized estimate of costs.
What is the Healthcare Cost Assessment?
This product focuses on cash accumulation and offers a variety of features to assist with tax-advantaged withdrawals. This offers both core and volatility smoothing options.
What is the IUL Accumulator II 2020?
Any product that utilizes the ENLG rider is likely focused on this concept.
What is Wealth Transfer?
If possible, we should run the illustration with this DB "concept" or "feature" on IBIS scenarios.
What is Optimal Switch?
This is the name for the dollar amount required in the Fixed account before we will create index strategies.
What is MRFISA (Minimum Required Fixed Index Strategy Allocation)?
This acts as a safety next to prevent the policy from going off track.
What is the Automated Premium Monitor?
This is Long Term Care coverage linked to a Universal Life insurance policy. Available in all states except NY.
What is CareMatters II?
This is when an individual uses a life insurance policy to plan for the high cost of future long-term care needs.
What is Long Term Care?
If a member plans to pay for an extended period of time, and is likely to want income, this would be the most likely 7702 test to meet these goals.
What is GPT?
Analyzing 15 asset classes, this global index strategy rebalances monthly, selecting the 9 assets with the greatest returns over the previous 6 months.
What is the JP Morgan Mozaic II Index?
These 2 products do not offer all Living Benefits.
What is the Survivorship IUL II?
This is permanent protection designed for two individuals that focuses on death benefit protection.
What is the Survivorship IUL 2020?
The Automated Income Monitor is a feature of this concept.
What is Insurance Based Income Solution?
When illustrating a product with the Extended No-Lapse Guarantee Rider, this option needs to be selected in your premium box.
What is Extended NLG Premium?
This strategy, based on Behavioral Finance, filters out 300 of the 500 largest US Equities.
What is the NYSE Zebra Edge Index?
Once qualified, LTC funds can be used as the member sees fit without expense approval needed from Nationwide.
What is Cash Indemnity?