Nationwide Life Insurance Company

Financial Ratings

AM Best A+Stable

About Nationwide Life Insurance Company

Nationwide Life Insurance Company, founded in 1929 and headquartered in Columbus, Ohio, is a subsidiary of Nationwide Mutual Insurance Company. It offers a range of insurance and financial products, including life insurance, annuities, retirement plans, and investment services. The company distributes its products through independent broker-dealers, financial institutions, life insurance specialists, and its agency distribution force.

Product Lineup

New Heights Select 10

Fixed Indexed Annuity

Index-linked growth with downside protection & lifetime income

Index-Linked Earnings7 indices available

Strategy Terms1-2 year options

Free Withdrawal Access7% years 1-9; 10% year 10+

Lock-In FeatureOne lock-in per term

Best for: Individuals age 40-80 seeking retirement income who want exposure to market gain...

Details →

New Heights Select 12

Fixed Indexed Annuity

Index-linked growth with market protection & lifetime income options

Index-Linked GrowthSeven index options available

Strategy Terms1-year and 3-year options

Free Withdrawals7% per year (years 1-11), 10% in year 12+

Lifetime Income Rider (High Point 365® Select)0.95% annual charge; requires 5-year deferral period

Best for: Individuals approaching or in retirement who want market-linked growth with down...

Details →

New Heights Select 8

Fixed Indexed Annuity

Index-linked growth with downside protection & lifetime income options

Index-Linked Growth7 index strategies available

Downside Protection100% principal protection

Surrender Charge Period9% declining to 0% over 8 years

Free Withdrawal Access7% to 10% annually

Best for: Individuals age 40-80 seeking retirement income security, capital preservation, ...

Details →

New Heights Select 9

Fixed Indexed Annuity

Growth + Protection + Lifetime Income for Retirement

Index-Based Growth7 index options available

Downside Protection0% floor on negative index returns

Flexible Withdrawals0-10% free annually depending on year

Lifetime Income OptionsHigh Point 365 Select or with Bonus

Best for: Individuals age 40-80 seeking retirement income with growth potential who want p...

Details →

Peak

Fixed Indexed Annuity

Growth + Protection for Retirement Savings

Principal Protection100% protection from index downturns

Index CapTypically 5-6% example shown

Fixed Account Option3% example rate shown

Tax DeferralPotential to accelerate growth

Best for: People ages 58-90 (annuitant) who are preparing for or already in retirement, ha...

Details →

Peak 5

Fixed Indexed Annuity

Index-linked growth with principal protection

Index Caps5.5%-10% depending on index and premium tier

Fixed Interest Rate3.05%-3.2% depending on premium amount

Multiple Index Options4 index options available

Market Value AdjustmentMay be positive, negative, or zero

Best for: Long-term investors seeking a balance between market-linked growth potential and...

Details →

Peak 5

Fixed Indexed Annuity

Index-linked growth with downside protection

Fixed Interest Rate3.2% ($100K+) or 3.05% ($25K-$99,999)

Index Caps5.5% to 10% depending on index and premium tier

Downside ProtectionNo negative returns from index accounts during positive index periods

Free Withdrawal AmountUnspecified in document; contact Nationwide for details

Best for: Long-term retirement investors seeking a balance of income stability and growth ...

Details →

Peak&reg 10

Fixed Indexed Annuity

Guaranteed Lifetime Income + Market Upside

Lifetime Income Guarantee3.5% to 4.5% annually (Guaranteed Income Solution); 4.05% to 7.65% annually (Bonus Income+ Rider)

Income Benefit Base Roll-Up4.0% simple interest (free rider) or 8.0% simple interest (Bonus Income+ Rider, after 25% bonus)

Indexed Growth PotentialMultiple index options available; rates reset annually

Free Annual Withdrawal10% annually at term beginning, non-cumulative

Best for: Retirees and pre-retirees age 45-85 seeking guaranteed lifetime income they can ...

Details →

Platinum Edge

Annuity

Guaranteed rates with flexible access and lifetime income options

Multiple Guarantee Periods3, 4, 5, 6, 7, 8, 9, or 10 years

Principal Protection100% guaranteed

Tax-Deferred Growth100% tax deferral

Penalty-Free Withdrawal Access10% annual access or specific waivers

Best for: People nearing or in retirement who want guaranteed growth, principal protection...

Details →

Secure Growth

Annuity

Guaranteed growth with tax deferral & lifetime income options

Guaranteed Interest Rates3-year, 4-year, 5-year, or 7-year terms available

Tax DeferralCan build significantly larger account value over 20-30 years

Flexible Withdrawals0% surrender charge after year 8 (7-year) or earlier for shorter terms

Annuitization OptionsLifetime income or fixed-period distributions available

Best for: Conservative investors nearing or in retirement who want guaranteed growth, tax ...

Details →

Stable Income Annuity

Annuity

Guaranteed Lifetime Income Fixed Annuity

Initial Interest Rate Guarantee7-year guarantee with 1% floor on renewals

Lifetime Income Rider0.95% annual fee on contract value, assessed quarterly

Free Annual WithdrawalUp to 10% annually

Penalty WaiversAvailable at no additional cost

Best for: Individuals ages 45-85 with at least $25,000 to invest who want predictable, gua...

Details →

Summit

Fixed Indexed Annuity

Index-linked growth with principal protection

Index AccountCap varies annually, never below guaranteed minimum

Fixed AccountTiered rates available

Minimum Guaranteed Contract ValueProtects principal even if index declines

Free Withdrawal Amount10% annually at beginning of term

Best for: Individuals age 90 or younger (85 for joint annuitants) seeking tax-deferred gro...

Details →

Financial Ratings

Live from CANNEX

Rating Agency

A.M. Best

Rating

A+

Description

Superior

Effective

September 27, 2007

Rating Agency

Moody's

Rating

Description

Good

Effective

March 31, 2009

Rating Agency

Standard & Poor's

Rating

A+

Description

Strong

Effective

January 7, 2009

Rating Analysis

Nationwide Insurance is recognized for its excellent financial stability, substantial capital reserves, and diverse asset portfolio. The company demonstrates a strong claims-paying ability, backed by consistent financial performance and effective risk management strategies. Nationwide's seasoned management and rigorous governance further bolster its credit profile. The outlook for Nationwide is positive, indicating a robust ability to fulfill its policyholder commitments and adapt to market changes.