Nationwide: Acceleration Guidelines Keep Expanding for the Better


Nationwide has expanded its acceleration guidelines within the Nationwide Intelligent Underwriting process. Now, clients between the ages of 18 to 50 years old are eligible for acceleration up to $5 million in face amount. This specific age group was previously capped at a $2 million face amount.

Acceleration Guidelines

  • Ages 18 to 50 applying for face amounts of $100,000 to $5 million on eligible products
  • Ages 51 to 60 applying for face amounts of $100,000 to $1 million on eligible products
  • U.S. citizen, permanent resident (10-year green card status) or acceptable visa status2 from an A or B Country Code3
  • Risk classes of Nontobacco Preferred Plus, Nontobacco Preferred, Nontobacco Standard Plus and Tobacco Preferred

How does it work?

  • Application: Financial professional submits a shortened paper application or completes a shortened electronic application via iPipeline
  • Personal and health questions: Client completes the interview at a convenient time
  • Evaluation: Interview results and data are reviewed
  • From here, there are two paths:
    • Accelerated decision - An underwriting decision is offered
    • Abbreviated eam - Quick Check exam, labs and other requirements may be needed.  An underwriting decision can be made once the medical requirements have been completed.

Eligible Products

  • Term: Nationwide 10-, 15-, 20- or 30-Year Guaranteed Level Term
  • Universal Life: Nationwide Indexed UL Accumulator II 2020 or Protector II 2020, Nationwide No-Lapse Guarantee UL II, New Heights® Indexed UL Accumulator 2020
  • Whole Life: Nationwide WL 100, Nationwide 20-Pay WL
  • Variable Universal Life: Nationwide VUL Accumulator, Nationwide VUL Protector

Setting eligibility expectations

For some of the healthiest clients, an underwriting decision will be made without the need for additional underwriting requirements. Some of the healthiest clients will not be accelerated simply because we don’t have enough information to make a decision. Therefore, additional underwriting requirements will be needed to reach an underwriting decision.

If an abbreviated exam is necessary, the examiner may collect:

  • Height, weight, blood pressure and pulse information
  • Urine and blood samples

Preferred Plus, Preferred and Standard Plus underwriting classifications may still be available, even if clients are not eligible for acceleration. Nationwide performs post issue audits on cases put in force to validate their underwriting assessments and models. If Nationwide develops information that was not disclosed at time of the application, they reserve the right to rescind the policy.

Please give BUA a call at 1-800-792-6795 if you have any questions about the process!