Nationwide and Penn Mutual Launch Permanent Life Products
January 15, 2019 by Allison Bell
Two mutual insurers have updated their permanent life insurance lines.
The life operation at Nationwide has started a Nationwide Indexed Universal Life (IUL) family of products.
Penn Mutual Life Insurance company has introduced the Versatile Choice Whole Life policy.
The new Nationwide IUL product family includes two products: the Nationwide Indexed Universal Life Accumulator II policy, which is aimed at people who are interested in eventually generating a substantial amount of income, and the Indexed Universal Life Protector II policy, which is aimed at people who are more interested in getting a policy with affordable death benefits.
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