Term Life Insurance Plans

Nationwide Mutual Life

About the Company

Nationwide Mutual Life is headquartered in Columbus, Ohio. They were founded in 1925 when the Ohio Farm Bureau Federation incorporated with the Farm Bureau Mutual Automobile Insurance Company. By 1943, Farm Bureau was operating in 12 states and the District of Columbia. In 1955 they changed their name to Nationwide insurance, and in 1996, Nationwide Financial went public. Since their modest beginnings, the company has grown and expanded. They currently have more than $157 billion in statutory assets. They provide auto, property, life, business and health insurances. They also offer investments and retirement services, and mortgage loans.

Nationwide Mutual Life has approximately 35,000 employees and more than 16 million policies in force. They are the #8 provider of variable life insurance, and #14 writer of individual annuities.

The following are Nationwide Mutual Life's Corporate Values:

  • We value people
  • We are customer focused
  • We act with honesty and integrity
  • We trust and respect each other

Term Life Insurance Products

Nationwide offers the following term life product: Nationwide Guaranteed Term. Nationwide Guaranteed Term comes with the following features and benefits:

  • Available in terms of ten, twenty, and thirty years
  • More affordable (i.e. it comes with lower premiums) than a permanent life product
  • No cash accumulation value with this policy
  • This is a temporary policy that is used to provide extra financial security in times when a family member's contributions to his/her family are vital to the family

Nationwide Mutual Financial Ratings

Nationwide was ranked #98 on the Fortune 100.

Financial ratings are an indication of a company's financial strength and stability.

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Family Life Insurance