NU Online News Service, July 17, 3:45 p.m. – Nationwide Financial Services Inc., Columbus, Ohio, has introduced the Best of America Protection Survivorship Life policy, a flexible-premium variable-universal life policy designed to cover two insureds.
The policy pays benefits when the second insured dies.
Built-in provisions include a feature that lets holders extend coverage past age 100. The policy also gives purchasers a choice of two levels of death benefit guarantees.
Nationwide will be selling the policy through investment advisors at banks and independent financial planning firms.