New Heights® IUL Index Options
Protected growth opportunity through proprietary indexed interest strategies
Opportunity in a variety of market conditions
Financial markets are uncertain, and it is difficult to know how an index will perform in any given market environment. The index options available with Nationwide New Heights® Indexed Universal Life Accumulator 2020 (New Heights® IUL) offer growth opportunities in a variety of markets.1
NYSE® Zebra Edge® Index – a rules-based index applying the research of Roger Ibbotson and his team at Zebra Capital to select the least popular and volatile stocks from the 500 largest U.S. publicly traded companies, then allocate between the selected stocks, U.S. Treasuries and a cash account to help reduce risk and provide consistent long-term returns.
J.P. Morgan Mozaic II℠ Index – a broadly diversified index drawing from a global mix of asset classes including equities, fixed income and commodities, this dynamic index reallocates monthly, selecting asset classes with the greatest momentum and balancing allocations to provide a more stable return.
S&P 500® Index – an American stock market index based on market capitalizations of 500 large companies listed on the New York Stock Exchange (NYSE) or NASDAQ and widely considered a leading indicator of the U.S. stock market and economy as a whole.
Helpful Resources
For more information on the Goldman Sachs New Horizons Index, please visit www.GoldmanSachsIndices.com/products/GSNHRZON.
For more information on the NYSE® Zebra Edge® Index, please visit nyse.com/zedgeny.
For more information on the J.P. Morgan Mozaic II℠ Index, please visit jpmorganindices.com.
Additional growth potential
Nationwide IUL Rewards Program®
Once requirements are met, additional interest is credited at an annualized rate of 0.30% starting in year 16 (sooner for older issue ages). The credit is applied monthly, as long as the policy is in force: includes pro rata interest on any accumulated value taken from an index segment for loans or partial withdrawals (assumes the segment is not depleted).2
Indexed universal life insurance policies are not an investment and do not directly invest in the stock market.
1 New Heights® IUL offers a variety of indexed interest strategies. For more information, ask your financial professional to see a New Heights® IUL rate guide.
2 Net accumulated premium (total premium paid minus any policy loans, unpaid loan interest, and partial withdrawals) must equal or exceed the required premium amount at the start of policy year 16. The required premium is set at issue but may change if policy changes are made.
Guarantees are subject to the claims-paying ability of the issuing insurer. Be sure to choose a product that meets long-term life insurance needs, especially if personal situations change — for example, marriage, birth of a child or job promotion. Weigh the costs of the policy, and understand that life insurance has fees and charges that vary with sex, health, age and tobacco use.
Indexed universal life insurance policies are not stock market investments, do not directly participate in any stock or equity investments and do not receive dividends or capital gains participation. Past index performance is no indication of future crediting rates. Also, be aware that interest crediting fluctuations can lead to the need for additional premiums to be paid into your client’s policy.
The J.P. Morgan Mozaic II℠ Index, NYSE® Zebra Edge® Index and Goldman Sachs New Horizons Index use volatility control methodologies. Volatility control reference indices tend to limit index performance highs and lows which generally allows Nationwide to offer greater participation rates on indexed interest strategies in an indexed universal life insurance product compared to other strategies in the same product. There is no guarantee that selecting a volatility control indexed interest strategy will result in greater interest crediting than indexed interest strategies that do not use a volatility control index or that any interest will be credited for a particular index segment.
The J.P. Morgan Mozaic II℠ Index and the NYSE® Zebra Edge® Index performance is calculated on an excess return basis which includes calculation elements that reduce index performance, including that it does not allocate to any interest-bearing cash rate allocations. Because of this, an excess return version of an index will have lower performance than a total return version of the same index would, especially in high interest rate environments.
The Goldman Sachs New Horizons Index performance information reflects a 0.50% per annum deduction rate along with replicating and rebalancing costs which will reduce the level of the index. In addition, this is an excess return index which includes calculation elements that reduce index performance, including that it does not allocate to any interest-bearing cash rate allocations. Because of this, an excess return version of an index will have lower performance than a total return version of the same index would, especially in high interest rate environments.
The J.P. Morgan Mozaic II℠ Index (“Index”) has been licensed to Nationwide Life and Annuity Insurance Company (the “Licensee”) for the Licensee’s benefit. Neither the Licensee nor Nationwide New Heights® Indexed Universal Life Accumulator 2020 (the “Product”) is sponsored, operated, endorsed, recommended, sold or promoted by J.P. Morgan Securities LLC (“JPMS”) or any of its affiliates (together and individually, “JPMorgan”). JPMorgan makes no representation and gives no warranty, express or implied, to contract owners taking exposure to the Product. Such persons should seek appropriate professional advice before making any investment. The Index has been designed and is compiled, calculated, maintained and sponsored by JPMS without regard to the Licensee, the Product or any contract owner. JPMorgan is under no obligation to continue compiling, calculating, maintaining or sponsoring the Index. JPMorgan may independently issue or sponsor other indices or products that are similar to and may compete with the Index and the Product. JPMorgan may also transact in assets referenced in the Index (or in financial instruments such as derivatives that reference those assets). These activities could have a positive or negative effect on the value of the Index and the Product.
The NYSE® Zebra Edge® Index has been licensed by ICE Data Indices, LLC (together with its subsidiaries and affiliates, “IDI”) to UBS AG and sub-licensed by UBS AG (together with its subsidiaries and affiliates, “UBS”) to Nationwide Life and Annuity Insurance Company (“Nationwide”). Neither Nationwide nor the Nationwide New Heights® Indexed Universal Life Accumulator 2020 (the “Product”) is sponsored, operated, endorsed, recommended, sold or promoted by Zebra Capital Management, LLC (together with its affiliates and subsidiaries, “Zebra”), IDI or UBS and in no event shall Zebra, IDI or UBS have any liability with respect to the Product or the Index. Zebra, IDI and UBS make no representations, give no express or implied warranties and have no obligations with regard to the Index, the Product or otherwise to any investor in the Product, client or other third party. The mark NYSE® is a registered trademark of NYSE Group, Inc., Intercontinental Exchange, Inc. or their affiliates and is being utilized by ICE Data Indices, LLC under license and agreement. The marks Zebra® and Zebra Edge® are registered trademarks of Zebra Capital Management, LLC, may not be used without prior authorization from Zebra Capital Management, LLC, and are being utilized by ICE Data Indices, LLC under license and agreement.
The “S&P 500®” is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and has been licensed for use by Nationwide. S&P®, S&P 500®, US 500, The 500, iBoxx®, iTraxx® and CDX® are trademarks of S&P Global, Inc. or its affiliates (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). Nationwide New Heights Indexed Universal Life Accumulator 2020 is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500®.
Life insurance is issued by Nationwide Life and Annuity Insurance Company, Columbus, Ohio.
Nationwide, the Nationwide N and Eagle, Nationwide is on your side, Nationwide IUL Rewards Program, Nationwide New Heights are service marks of Nationwide Mutual Insurance Company. Third-party marks that appear in this message are the property of their respective owners. © 2024 Nationwide
Policy Form #: ICC 18-NWLA-558
Nationwide New Heights IUL Accumulator 2020
FLW-0160AO.4 (3/24)