America's marketFLEX II Annuity
Status:
Terminated
Group:
Nationwide
Company:
Nationwide Life Insurance Company
Product Type:
Variable Annuity
Product Status:
Approved
Version:
0
Inception Date:
September 07, 2007
Closed Date:
March 10, 2017
Last Modified:
March 20, 2026 10:06
Description:
If annuitant does not elect an annuity payment option, Variable Payment Life Annuity with a Guarantee Period of 240 Months will be assumed as the automatic form of payment upon annuitization. Nationwide pays commissions to the firms that sell the contracts. The maximum gross commission that Nationwide will pay on the sale of the contracts is 7.25% of purchase payments.
Fee Based:
No
Free Look:
Yes
Plan Types:
Others, IRA, SEP IRA, Roth IRA, Non-Qualified
Premium Types:
Flexible
States Available:
AL, AK, AS, AZ, AR, CA, CO, CT, DE, DC, FL, GA, GU, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VT, VI, VA, WA, WV, WI, WY
States Exception:
Version Note:
Changes in underlying fund options - Name changes.; Changes in underlying fund options - Reorganization of funds.; Change in underlying fund options - Merger/Reorganization.; Changes in underlying fund options - Name changes.; Changes in underlying fund options - Name changes.; Changes in underlying fund options -Fund reopen.; Changes in underlying fund options - Changes in expenses.; Changes in underlying fund options - Name changes.
Scrap Book:
Death benefits
| Name | Internal name | Sequence | Inception date |
|---|---|---|---|
| Standard Death Benefit | Standard Death Benefit | 1 | |
| Return of Premium Enhanced Death Benefit | Return of Premium Enhanced Death Benefit | 2 | |
| Highest Anniversary Enhanced Death Benefit | Highest Anniversary Enhanced Death Benefit | 3 |
Riders
| Name | Rider type | Internal name | Sequence | Inception date |
|---|---|---|---|---|
| iFLEX Option | GLWB | iFLEX Option |