Nationwide Life and Annuity Insurance Company (NLAIC) is a well-known provider of life and annuity insurance products to the residents of Columbus, Ohio. Established in 1927, the company has been providing its services to the citizens of Columbus for over ninety years. It offers various kinds of life and annuity insurance products such as term life, whole life, disability insurance, and annuities. NLAIC also provides a wide range of financial services such as investment management, retirement planning, estate planning, and more.
Term Life Insurance
NLAIC offers term life insurance policies to the residents of Columbus. These policies are designed to provide financial protection to your loved ones in the event of your death. The term life insurance policy offers coverage for a specified period of time which is usually 10, 20, or 30 years. After the expiration of the term, the policy can be renewed. The premiums are usually lower than that of whole life insurance policies due to the shorter duration of coverage.
Whole Life Insurance
NLAIC also provides whole life insurance policies to the citizens of Columbus. This type of policy provides lifelong coverage and offers a cash value component which accumulates over time. The cash value component can be used to pay for premiums or for other purposes. Whole life insurance policies also have higher premiums compared to term life insurance policies.
Disability Insurance
NLAIC provides disability insurance policies to the residents of Columbus. These policies are designed to provide financial protection and support in the event of a disability. The policy covers the insured’s medical bills and other expenses during the period of disability. The policy also includes other benefits such as wage replacement, vocational rehabilitation, and more.
Annuities
NLAIC also offers annuities to the citizens of Columbus. Annuities are long-term investments which can provide a steady stream of income during retirement. Annuities can be either fixed, variable, or indexed. Fixed annuities guarantee a steady pay-out while variable annuities allow the policyholder to invest in a variety of investments. Indexed annuities offer a return that is linked to the performance of a particular index, such as the S&P 500.
Investment Management
NLAIC provides investment management services to the residents of Columbus. The company’s experienced team of financial advisors can help you manage your investments and achieve your financial goals. They can help you create a diversified portfolio and develop an investment strategy that is tailored to your needs. NLAIC also provides financial planning services and retirement planning services.
Estate Planning
NLAIC also offers estate planning services to the citizens of Columbus. The company’s team of experts can help you create a comprehensive estate plan that will ensure that your assets are distributed according to your wishes. The estate plan can include a will, a trust, and other estate planning documents. NLAIC can also help you with asset protection and other legal matters.
Conclusion
NLAIC is a reliable provider of life and annuity insurance products to the citizens of Columbus, Ohio. The company offers a wide range of life and annuity insurance products such as term life, whole life, disability insurance, and annuities. NLAIC also provides financial services such as investment management, retirement planning, estate planning, and more. The company’s experienced team of financial advisors can help you manage your investments and achieve your financial goals.
