Nationwide CareMatters Annuity Underwriting Update

Nationwide recently updated their CareMatters Annuity Underwriting Process Guide. On the second page following question 6, you’ll find a list of uninsurable health conditions.

A few important notes:

• The overall application process has not changed
• The original 6 underwriting questions remain in place, with the first 5 continuing to function as knockout questions and the 6th helping determine standard or preferred rating eligibility
• We have added a list of uninsurable conditions for this product to provide additional clarity during the screening process

The goal of this update is to provide greater clarity upfront, particularly in cases where a client may answer “no” to the knockout questions but still have a significant health condition that would make them ineligible for coverage.

We hope this added transparency helps you assess fit earlier, set clearer expectations, and identify the most appropriate opportunities for your clients.