Life Insurance

Protect what’s important

Primary benefits of life insurance

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    Protecting your family

    Life insurance FAQs

    Why do I need life insurance?

    Life insurance offers peace of mind by ensuring that your loved ones will be taken care of in the event of your untimely death. Plus, payouts are tax-free.

    Is my policy through work enough?

    Life insurance through your employer is not portable, so it won’t come with you if you leave the job. Also, the amount is often not enough to meet people’s protection needs.

    Why should I get coverage now?

    Rates tend to go up as you age. Buying a policy when you’re younger lets you lock in a lower rate.

    What is term life insurance?

    “Term” refers the length of coverage that you choose. If you pass away during the term (usually 10, 20 or 30 years), your beneficiaries receive a cash payout.

    Why is term life a good option?

    With term life insurance, you’re only paying for the years where the need is greatest (when your kids are younger or in college), and it is usually the most affordable type of insurance.

    Are there other types of life insurance besides term?

    There are other types of insurance for people seeking life-long coverage, but these types tend to be more expensive. Learn more.

    How much do I need?

    This depends on what you want to leave when you’re gone. There are two common methods for calculating the amount of life insurance you need: lump sum and income replacement. Learn more about these methods.

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    Long-term care

    If you’re concerned about paying for long-term care, learn how life insurance solutions may help.

    Long-term care basics

    Visit our new Long-term Care Basics site that gives you more than just a brochure; it is an interactive experience that can simplify long-term care.

    Get the basics

    Nationwide life insurance with a long-term care rider

    Our Long-term Care Rider II is designed for people who have a primary need for life insurance but also have concerns for covering long-term care costs.

    See rider details

    Nationwide CareMatters?

    CareMatters is long-term care coverage that’s linked to a life insurance policy. It allows people whose main concern is long-term care protection to still leave at least the premiums paid to their loved ones if LTC is never needed.

    Learn more about CareMatters

Find out which type of life insurance may be best for you.

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Use the life estimator tool

Pick your insurance

Life insurance resources

[1] Share of LTCI Claims Starting with Nursing Care Falls: AALTCI”, ThinkAdvisor, Allison Bell – April 20, 2018

Read this important information

Your life insurance coverage needs may change if your personal situation changes. For example, if you get married, have a child or get a promotion, you may want to increase your coverage. Make sure that these strategies and products are suitable for your long-term life insurance needs. Also, make sure you are able to continue premium payments so your policy doesn’t lapse if the market declines. If you take a loan, withdrawal or partial or whole surrender your death benefit may be reduced, your policy may lapse or you may face tax consequences.

There are fees and charges for variable life insurance coverage, including a cost of insurance based on characteristics of the insured person, such as gender, health and age. There may also be underlying fund charges and expenses, and additional charges for riders that customize a policy to fit your individual needs. Investing involves risks, including possible loss of principal.

Neither Nationwide nor its representatives give legal or tax advice. Please consult your attorney or tax advisor for answers to specific questions.

Guarantees and protections are subject to Nationwide's claims-paying ability. They don't apply to the investment performance or safety of the underlying investment options.

Variable products are sold by prospectus. Both the product prospectus and underlying fund prospectuses can be obtained by writing to Nationwide Life Insurance Company, P.O. Box 182021, Columbus, OH 43218-2021. Before investing, you should read the prospectus carefully and consider investment objectives, risks, charges and expenses. The product prospectus and underlying fund prospectus contain this and other important information.

Investment products offered are not FDIC-insured, may lose value, have no bank guarantee.