Nationwide LTC Rider updates for New York and California

03-04-2025

Nationwide LTC Rider updates for New York and California effective March 10, 2025

New York: Nationwide’s Long-Term Care Rider II will be available beginning 3/10/25 on the Nationwide No-Lapse Guarantee UL II, Nationwide YourLife® Indexed UL Accumulator and Nationwide YourLife® Indexed UL Protector. In New York, the rider is referred to as the “Acceleration of Life Insurance Death Benefit for Qualified Long-Term Care Services Rider II.

California: Nationwide’s Long-term Care Rider on survivorship will be available beginning 3/10/25 on the Nationwide® Survivorship Indexed Universal Life 2020.

With these riders, your clients have access to:

  • Guaranteed monthly cash benefit without policy restrictions
  • Easy-to-manage cash indemnity benefit – no need to submit monthly bills or receipts
  • Care in a familiar, home setting including options for informal care from friends and immediate family
  • Care outside of the U.S. with 100% of available monthly LTC benefit

 

Visit Nationwide's LTC Rider benefts webpage at https://nationwidefinancial.com/products/life/long-term-care/rider-long-term-care