CareMatters II now available in Indiana and North Dakota

Dec 12, 2019 • LTCI Partners

CareMatters II now available in Indiana and North Dakota

CareMatters II available in Indiana and North Dakota on December 9, 2019

CareMatters II is a flexible, competitively-priced linked-benefit universal life policy that offers clients:

Flexibility through cash indemnity LTC benefits that help clients obtain care where and from whom they prefer
Choice of a variety of payment options, including pay to Attained Age 100, making the policy accessible to more clients than ever before
Protection from inflation via one of several options, including a 3% compound option and a new U.S. Medical Care Inflation option based on changes in the cost of health care

Nationwide CareMatters II¹ is designed to help bring the protection of a linked-benefit policy to a wider range of clients across a variety of ages and financial situations.

Indiana and North Dakota Transition Rules

¹ CareMatters II is not yet available in CA and NY. YourLife CareMatters remains available for sale in CA and NY. CareMatters products are not available in MT, GU, PR, and USVI. Check specific firms for availability of products.

Important Product Updates – 2019 New and Discontinued Products

Industry-wide, life insurance carriers have been busy making changes to their product suite to ensure compliance with 2017 Commissioners Standard Ordinary (CSO) regulations by the end of the year. In preparation for the transition, Nationwide has put in place guidelines to ensure the best customer experience and compliance to these regulations:

Beginning December 9, 2019, Nationwide will no longer accept new business for any life insurance products using 2001 CSO pricing.
All new business received prior to this date for 2001 CSO products must be issued by December 31, 2019, or they must transition to a 2017 CSO compliant product.

Please review the transition guidelines so you can plan accordingly for new and existing life cases throughout the remainder of the year. If you have any questions, please contact the Life Solutions Center.

• Not a deposit • Not FDIC or NCUSIF insured • Not guaranteed by the institution
• Not insured by any federal government agency • May lose value

This material is not a recommendation to buy, sell, hold or roll over any asset, adopt an investment strategy, retain a specific investment manager or use a account type. It does not take into account the specific investment objectives, tax and financial condition or particular needs of any specific person. Investors should work with their financial professional to discuss their specific situation. Please remember, no product, rider, service or strategy is suitable for all clients. It is the responsibility of a registered representative of a broker/dealer to carefully consider the client's needs, objectives, risk tolerance and overall suitability before recommending any product, rider, service, or implementing any strategy.

Guarantees are subject to the claims-paying ability of the issuing insurance company.

Products may not be available in all states. Riders are available for an additional cost, may not be available on all products or in all states and may be known by different names in different states.

The general distributor for variable products is Nationwide Investment Services Corporation, member FINRA. Nationwide annuities and life insurance are issued by Nationwide Life Insurance Company or Nationwide Life and Annuity Company, Columbus, Ohio.

FOR BROKER/DEALER USE ONLY — NOT FOR USE WITH THE PUBLIC

LAE-0770AO-BG.36 (11/19)

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CareMatters II now available in Indiana and North Dakota

Written by LTCI Partners

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