OE
● Terminated
One-Year Enhanced Death Benefit with Long-Term Care/Nursing Home Waiver and Spousal Protection
Nationwide Life Insurance Company
DTCC ID
—
COMPANY
Nationwide Life Insurance Company
TYPE
Variable Annuity
INCEPTION
—
Identity
Benefit name
One-Year Enhanced Death Benefit with Long-Term Care/Nursing Home Waiver and Spousal Protection
Internal benefit name
One-Year Enhanced Death Benefit with Long-Term Care/Nursing Home Waiver and Spousal Protection
Product policy type
Variable Annuity
Status
● Terminated
Sequence
2
Inception date
—
Closed date
May 01, 2013
DTCC Rider ID
—
Last modified
Jun 18, 2025
Life & Age
Based on life
Annuitant
Single life
No
Joint life
No
Min age
—
Max age
—
Rider select rule
Optional
Waiting period
—
Waiting term
—
Benefit Base
Maximum benefit base
—
Maximum benefit base %
—
With reduce benefit base
—
Subsequent premium
Subsequent purchase payment will increase benefit base by dollar-for-dollar amount.
Partial withdrawals
Withdrawals will reduce benefit base in same proportion.
Required min distributions
Not Applicable.
Coverage Flags
Exclude premium bonus
No
Spousal continuation option
Yes
Spousal continuation detail
Surviving spouse may elect to continue benefit after death of owner.
State Availability
Exception flag
No
Available in states
—
Benefit Description
Available during accumulation phase. Upon death of annuitant, benefit will be greatest of - 1) contract value, 2) total purchase payments adjusted for withdrawals, or 3) highest contract value on any contract anniversary prior to annuitant's 86th birthday adjusted for withdrawals and subsequent payments. Benefit also provides a Long-Term Care/Nursing Home Waiver and a Spousal Protection Feature.
Lifecycle Events
Cancellation
Once elected may not be cancelled.
Termination
Once elected may not be terminated.
Available when added
Only at contract issue.
Effect change ownership
Not Applicable.