Nationwide Financial Services Inc. says its YourLife Indexed UL, a fixed-life product with permanent death benefit protection, now offers an annual point-to-point interest crediting strategy in addition to its existing monthly average and fixed option.

Nationwide says Indexed UL is a fixed-life product designed to offer clients a balanced approach to planning, with the proper balance of potential for growth and protection from loss. Indexed UL offers the added benefit of potential cash value accumulation without the risk of market-based losses.

Product benefits include flexible death benefit guarantees; access to an indemnity style long-term care rider; and a competitive participation rate, says Nationwide. YourLife Indexed UL is designed to target clients who are in need of flexible death benefit guarantee options; seeking life insurance that offers guarantees and the potential for growth; looking for more stable accumulation potential during volatile markets; interested in planning for possible long-term care expenses; and aged 35 to 55.

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