No-lapse feature in survivorship UL.
Nationwide Financial Services has launched YourLife SUL, a low-maintenance survivorship universal life product with a no-lapse guarantee. It is designed for couples or business partners, ages 50 to 70, with high or ultra-high net worth. The product is useful for estate or business planning. An automated premium monitor helps financial professionals and clients track the no-lapse guarantee and prevent late payments. Available term riders provide an additional death benefit during the first four policy years, while a policy split option rider can be used in the event of divorce or tax law changes.
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|Title Annotation:||Life; Nationwide Financial Services Inc.|
|Article Type:||Brief article|
|Date:||Mar 1, 2008|
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