Now available to you is Nationwide New Heights℠ — a new fixed indexed annuity launched by Nationwide Financial®
Created out of a partnership between Annexus® and Nationwide Financial®, this innovative product truly represents the next generation of fixed indexed annuities. But the decision to partner with Nationwide Financial® goes well beyond the ability to deliver innovative products. Nationwide® is one of the largest and strongest diversified insurance and financial services organizations in the U.S. and is rated A+ by A.M. Best.
Nationwide New Heights℠ is engineered with you and your clients in mind. A complement to Nationwide Financial’s current suite of products, it combines reliability with the opportunity for unlimited growth of contract value and income:
- Safety – The base contract offers a return of purchase payment guarantee.
- Accumulation – The base contract includes unlimited earning potential, initial two-year strategy term, and the ability to track values daily and credit earnings to date on withdrawals.
- Income – The optional lifetime income benefit rider, available for an additional cost, offers competitive guaranteed payouts, automatic lock-ins of the highest daily Balanced Allocation Value or a minimum 2% compounded annual growth on the purchase payment.
- Legacy – The optional enhanced death benefit rider, available for an additional cost, offers automatic lock-ins of the highest daily Balanced Allocation Value or a minimum of 4% compounded annual growth on the purchase payment and a first-to-die payout option on joint contracts.
Remember all guarantees and protections are subject to the claims-paying ability of Nationwide Life and Annuity Insurance Company. These features have limitations and restrictions; please review the product and rider side-by-side for more information.
Visit www.myannexus.com for more supporting materials including current rate sheets.
Product training required in all states
All annuity producers in all states must complete Nationwide New Heights℠ Fixed Indexed Annuity (New Heights) product training prior to solicitation. This product training will satisfy NAIC requirements for those states that require NAIC training. You may also be required to complete additional training courses depending on your individual circumstances. It’s important that you complete training so you don’t miss out on opportunities to help your clients make decisions about their retirement. To make training simpler and more convenient, Nationwide® is offering the required courses online through RegEd’s Annuity Training Platform accessible at https://secure.reged.com/TrainingPlatform.
As of March 3, 2014, the following states have not approved Nationwide New Heights℠ for sale: AK, CA ,CT, DE, GU, IA, IL, MA, MN, MO, NC, ND, NH, NJ, NY, NV, OK, OR, PA, PR, TX, UT, VA, VI, VT, WA and WY. You will be notified upon state approval. This product has not been filed in Guam, New York, Puerto Rico or the Virgin Islands.
We’re here when you need us
If you have questions about offering your clients the next generation in fixed indexed annuities, please contact your CreativeOne sales team at 800-992-2642 for detailed information today!