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Nationwide Releases VUL Product

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Nationwide Financial Services Inc. has introduced the Options Select variable universal life insurance policy.[@@]

The new VUL policy is aimed at individuals and business clients between the ages of 35 and 55, according to Nationwide, Columbus, Ohio.

The policy, which replaces Nationwide’s Options Premier policy, offers purchasers access to a long-term, fixed-rate investment option and a long term care protection rider, Nationwide says.

Nationwide will be selling the policy only through Nationwide Financial Network agents.