Application
– The application the Owner must complete to purchase a Policy plus all forms required by NLIC or applicable law. |
Attained
Age – The Issue Age of the Insured plus the number of full Policy Years since the Policy Date. |
Base
Premium – Total scheduled premium minus the premium processing charge and any premium for
supplementary benefits and extra-premium class. |
Beneficiary
– The person(s) or entity(ies) designated to receive all or some of the Proceeds when the Insured dies.
The Beneficiary is designated in the Application or if subsequently changed, as shown in the latest change filed with
NLIC. If no Beneficiary survives and unless otherwise provided, the Insured's estate will be the Beneficiary. |
Death
Benefit – The greatest of: (1) the applicable Guaranteed Minimum
Death Benefit for the Policy; (2) the Face Amount plus the amount by which the Policy Account Value on the date of death exceeds the
appropriate Special Premium Payment Single Premium; or (3) the Policy
Account Value on the date of death times the appropriate Death Benefit
Factor. This amount is adjusted to determine the Proceeds at death which is paid to the Beneficiary. |
Evidence of Insurability – The medical records or other documentation that NLIC may require to satisfy the Policy's
underwriting standards. NLIC may require different and/or additional evidence depending
on the Insured's Premium Class; for example, NLIC generally requires more
documentation for Insureds in classes with extra ratings. NLIC also may
require different and/or additional evidence depending on the transaction requested; for example, NLIC may require more documentation for the issuance of a Policy than to reinstate a Policy. |
Face
Amount – The Face Amount is specified in the Policy. If scheduled premiums are paid when due and there are
no outstanding policy loans, this will be the minimum Death Benefit. The Owner may not increase or decrease the
Face Amount. |
Grace
Period – The 61-day period allowed for payment of a premium following the date NLIC mails notice of the amount required to keep the Policy in force. |
Insured
– The person whose life NLIC insures under the policy and whose death triggers the payment of the Death Benefit. |
Investment
Experience – The market performance of a
portfolio/Sub-Account. |
Issue Age
– The age of the Insured at his or her birthday nearest the Policy Date. The Issue Age is stated in the
Policy. |
Loan
Value – The maximum amount that may be borrowed under the Policy. |
Minimum
Face Amount – The Minimum Face Amount is $50,000. |
Monthly
Deductions – The amount deducted
from the Policy Account Value on each Policy Processing Day. It includes
the Cost of Insurance Charge, Administration Charge, Minimum Death Benefit Guarantee Charge, First Year Policy Charge, and the Supplementary Benefit Charge. |
Net Amount
at Risk – The amount by which the Death Benefit exceeds the Policy Account Value. |
Net Cash Surrender Value– The Policy Account Value minus any applicable Surrender Charge and any outstanding
policy loans and accrued interest. |
NLIC, Nationwide, or the company – Nationwide Life Insurance
Company. |
Net
Premiums – The remainder of a Base
Premium after deduction of the 7½% charge for sales load and state
premium tax or the remainder of an unscheduled premium after deduction of the Premium
Expense Charge. |
Owner, or the policy owner – The person(s) or entity(ies) entitled to
exercise the rights granted in the Policy. |
Policy Account Value, or Cash Value – The total amount invested under the Policy.
It is the sum of the Policy Account Values in the Subaccounts. If there
is an outstanding policy loan, the Policy Account Value in the General
Account will be added to the Policy Account Value of the Subaccounts to determine the
Policy Account Value of the Policy. |
Policy
Date – The date set forth in the
Policy that is used to determine Policy Anniversaries, Policy Years and
Policy Processing Days. The Policy Date is generally the same as the Policy Issue Date but may be another date
mutually agreed upon by NLIC and the proposed Insured.
|
Policy
Issue Date – The date on which the Policy is issued. It is used to measure suicide and contestable periods. |
Policy
Processing Day – The day in each calendar month which is the same day of the month as the Policy Date.
The 1st Policy Processing Day is the Policy Date. |
Policy
Year – A year that starts on the Policy Date or on a Policy Anniversary. |
Premium
Class – The classification of the
Insured for cost of insurance purposes. The standard classes are non-
smoker and smoker. There also are classes with extra ratings. |
Premium
Expense Charge – The amount
deducted from a premium payment which consists of the Premium Processing
Charge, the Sales Charge, and the state and local premium tax charge. |
Proceeds
– The net amount to be paid to the Beneficiary when the Insured dies or when the Policy is surrendered. |
SAI – The Statement of Additional Information ("SAI") that contains additional information regarding the Policy. The
SAI is not a prospectus, and should be read together with the prospectus. To obtain a
copy of the SAI, write or call the Service Center. |
Special Premium Payment Single Premium – An amount used to determine whether the Owner is required to pay scheduled premiums to keep the Policy in full force. |
Separate
Account – The Nationwide Provident VLI Separate Account 1. |
Service
Center – The department of Nationwide responsible for receiving all service and transaction requests relating to the Policy. For service and transaction requests submitted other than by telephone (including fax requests), the
Service Center is NLIC’s mail and document processing facility. For service and
transaction requests communicated by telephone, the Service Center is our
NLIC’s operations processing facility. |
Subaccount
– A division of the Separate Account. The assets of each Subaccount are invested exclusively in a
corresponding Portfolio that is part of one of the Funds. |
Surrender
Charge – The amount deducted from
the Policy Account Value upon lapse or surrender of the Policy during the
first nine Policy Years. |
Valuation
Day – Each day that the New York
Stock Exchange is open for business and any other day on which there is a
sufficient degree of trading with respect to the Separate Account's portfolio of securities to materially affect the value of the Separate Account. As of the date of this prospectus, NLIC is open whenever the New York Stock
Exchange is open, other than the Fridays following Thanksgiving and
Christmas. |
Valuation Period – The period beginning at the close of business on one Valuation Day (which is when the New York
Stock Exchange closes, usually 4:00 pm, EST) and continuing until the close of business
on the next Valuation Day. Each Valuation Period includes a Valuation Day
and any non-Valuation Day or consecutive non-Valuation Days immediately
preceding it. |
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FEES AND EXPENSES | |||
Charges for Early
Withdrawals |
Surrender Charge – For up to 9 years from the Policy Date, surrender charges are deducted if the policy is surrendered or lapses (see Surrender
Charges). These charges will vary based upon the individual characteristics of the Insured. The maximum surrender
charge is $5.00 per $1,000 of Face Amount plus 9.00% of the lessor of (1) the total
premiums paid, less premium processing charges, to the date of
surrender or lapse; or (2) the scheduled Base Premium payable up to such date (or would have been payable up to
such date if the Special Premium Payment Provision has been in effect). For example,
for a policy with a $100,000 Face Amount, a complete surrender could result in a surrender charge of $830.30. | ||
Transaction Charges |
The policy owner may also be charged for other transactions as follows:
• Percent of Premium Charge – Deducted from each Premium payment. • Transfer Charge – Deducted upon transfer for the 5th and each additional transfer made
during a Policy Year.
• Rider Charges – One time rider charges for certain benefits, deducted upon invoking the
rider.
See Standard Policy Charges and Supplementary Benefits. | ||
Ongoing Fees and
Expenses (periodic
charges) |
In addition to surrender charges and transaction charges, an investment in the policy is
subject to certain ongoing fees and expenses, including fees and expenses covering
the cost of insurance under the policy and the cost of optional
benefits available under the policy, and such fees and expenses are
set based on characteristics of the Insured (e.g.,
age, sex, and rating classification), see Standard Policy Charges and Supplementary Benefits. Please refer to the Policy Data Pages of your policy for
rates applicable to the policy. | ||
A policy owner will also bear expenses associated with the underlying mutual funds under
the policy, as shown in the following table: |
|||
Annual Fee |
Minimum |
Maximum | |
Investment options (underlying mutual fund fees
and expenses) |
0.27%1 |
1.98%1 | |
|
1 As a percentage of underlying mutual fund
assets. |
RISKS | |
Risk of Loss |
Policy owners of variable life insurance can lose money by investing in the policy, including
loss of principal (see Principal Risks). |
Not a Short-Term
Investment |
The policy is not a short-term investment and is not appropriate for an investor who
needs ready access to cash (see Principal Risks).
A surrender charge may apply (see Surrender Charges). In addition, taking policy loans
may increase the risk of lapse and may result in adverse tax consequences (see
Loan Privilege). |
Risks Associated with
Investment Options |
• Investment in this policy is subject to the risk of poor investment performance of the
investment options chosen by the policy owner.
• Each investment option will have its own unique risks. • Review the prospectuses and disclosures for the investment options before
making an investment decision.
• Investment Experience of the policy can vary depending on the available policy
investment options selected by the Policy Owner.
See Principal Risks. |
Insurance Company Risks |
Investment in the policy is subject to the risks associated with Nationwide, including that any obligations, guarantees, or benefits are subject to the claims-paying ability of
Nationwide. More information about Nationwide, including its financial strength ratings, is available by contacting the Service Center (see Principal Risks). |
RISKS | |
Policy Lapse |
The policy is at risk of lapsing when the Net Cash Surrender Value is insufficient to cover
the monthly policy charges, including Rider charges. Net Cash Surrender Value can be
reduced by unfavorable Investment Experience, policy loans, partial surrenders and
the deduction of policy charges. Payment of insufficient Premium may
cause the policy to lapse. There is no separate additional charge
associated with reinstating a lapsed policy. The Death Benefit will not be paid if the policy has lapsed.
For more information, see Principal Risks and Policy Duration. |
RESTRICTIONS | |
Investments |
• Nationwide may restrict the form in which Subaccount transfer requests will be accepted
(see Transfers). • Nationwide may limit the frequency and dollar amount of transfers (see
Transfers).
• Nationwide reserves the right to add, remove, and substitute investment options
available under the policy (see Addition, Deletion, or Substitution of Investments).
|
Optional Benefits |
• Certain optional benefits may be subject to availability, eligibility, and/or invocation
requirements. Availability of certain optional benefits may be subject to Nationwide’s
underwriting approval for the optional benefit.
• Nationwide reserves the right to discontinue offering any optional benefit. Such a
discontinuance will only apply to new policies and will not impact
any policies already in force.
For more information, see Supplementary Benefits. |
TAXES | |
Tax Implications |
• Consult with a tax professional to determine the tax implications of an investment in and
payments received under this policy.
• Earnings on the policy are generally not taxable to the policy owner, unless withdrawn from the policy. Partial and full surrenders from the policy will be subject to ordinary
income tax and may be subject to a tax penalty.
For more information, see Federal Income Tax Considerations. |
CONFLICTS OF INTEREST | |
Investment Professional
Compensation |
Some financial professionals receive compensation for selling the policy.
Compensation can take the form of commission and other indirect
compensation in that Nationwide may
share the revenue it earns on this policy with the financial professional’s
firm. This conflict of interest may influence a financial
professional, as these financial professionals may have a financial
incentive to offer or recommend this policy over another investment (see Distribution of Policies). |
Exchanges |
Some financial professionals may have a financial incentive to offer an investor a new
policy in place of the one he/she already owns. An investor should only exchange
his/her policy if he/she determines, after comparing the features,
fees, and risks of both policies, that it is preferable for him/her to
purchase the new policy, rather than to continue to own the existing
one (see Exchanging the Policy for Another Life Insurance Policy). |
Basic Death Benefit Option: |
the Face Amount of the Policy; |
Increasing Death Benefit Option: |
the Face Amount of the Policy plus the sum of all unscheduled premiums received by NLIC as of the date of death. |
Transaction Fees | |||
Charge |
When Charge is
Deducted |
Amount Deducted | |
Guaranteed Charge |
Current Charge | ||
Maximum Charge Imposed on Premiums (Premium Expense Charge): |
| ||
Premium Tax Charge1 |
Upon receipt of each
premium payment |
0-4% of each scheduled
Base Premium or
unscheduled premium
(after deducting the
premium processing
charge), depending on
the Insured’s state of
residence |
2.50% of each scheduled
Base Premium or
unscheduled premium
(after deducting the
premium processing
charge) |
Sales Charge |
Upon receipt of each
premium payment |
5.00% of each
scheduled Base
Premium or unscheduled
premium (after deducting
the premium processing
charge) |
5.00% of each scheduled
Base Premium or
unscheduled premium
(after deducting the
premium processing
charge) |
Premium Processing Charge |
Upon receipt of each
premium payment |
$1.00 from each
premium payment |
$1.00 from each premium
payment |
Maximum Deferred Surrender Charge: |
| ||
Contingent Deferred Sales Charge2 |
Upon surrender or lapse
during the first nine Policy
Years |
During Policy Year 5,
9.00% of the
lesser of:
(1) the total premiums
paid, less premium
processing charges, to
the date of surrender or
lapse; or (2) the
scheduled Base
Premiums payable up to
such date (or would have
been payable up to such
date if the Special
Premium Payment
Provision has been in
effect) |
During Policy Year 5,
9.00% of the
lesser of: (1)
the total premiums paid,
less premium processing
charges, to the date of
surrender or lapse; or (2)
the scheduled Base
Premiums payable up to
such date (or would have
been payable up to such
date if the Special
Premium Payment
Provision has been in
effect) |
Contingent Deferred Administrative
Charge3 |
Upon surrender or lapse
during the first nine Policy
Years |
During Policy Years 1-5,
$5.00 per $1,000 of Face
Amount |
During Policy Years 1-5,
$5.00 per $1,000 of Face
Amount |
Transfer Fees4 |
Upon transfer |
$25 per transfer |
$25 per transfer |
Accelerated Death Benefit Rider |
Upon invoking this rider |
$250 |
$100 |
Periodic Charges Other than Annual Underlying Mutual Fund
Expenses | |||
Base Contract Charges | |||
Charge |
When Charge is
Deducted |
Amount Deducted | |
Guaranteed Charge |
Current Charge | ||
Cost of Insurance:5 Minimum and Maximum Charge |
On Policy Date and
monthly on Policy
Processing Day |
$0.06 - $458.71 per
$1,000 of Net Amount at
Risk per month |
$0.05 - $121.67 per
$1,000 of Net amount at
Risk per month |
Charge for a male Insured, Attained Age
45, in the nonsmoker Premium Class |
On Policy Date and
monthly on Policy
Processing Day |
$0.28 per $1,000 of Net
Amount at Risk per
month |
$0.25 per $1,000 of Net
Amount at Risk per month |
First Year Policy Charge6 |
On Policy Date and
monthly on Policy
Processing Day |
$5.00 |
$5.00 |
Monthly Administrative Charge |
On Policy Date and
monthly on Policy
Processing Day |
$3.25 plus $0.015 per
$1,000 of Face Amount |
$3.25 plus $0.015 per
$1,000 of Face Amount |
Minimum Death Benefit Guarantee
Charge7 |
On Policy Date and
monthly on Policy
Processing Day |
$0.01 per $1,000 of the
Guaranteed Minimum
Death Benefit |
$0.01 per $1,000 of the
Guaranteed Minimum
Death Benefit |
Mortality and Expense Risk Charge |
Daily |
Annual rate of 0.60% of
the average daily net
assets of each
Subaccount in which the
Owner is invested |
Annual rate of 0.60% of
the average daily net
assets of each
Subaccount in which the
Owner is invested |
Loan Interest Charge8 |
On Policy Anniversary or
earlier, as applicable9 |
Fixed annual rate of
8.00% or a variable loan
interest rate equal to the
greater of 5.50% or the
Moody's Corporate Bond
Yield Average-Monthly
Average Corporates |
Fixed annual rate of
8.00% or a variable loan
interest rate equal to the
greater of 5.50% or the
Moody's Corporate Bond
Yield Average-Monthly
Average Corporates |
Optional Benefit Charges10 | |||
Charge |
When Charge is
Deducted |
Amount Deducted | |
Guaranteed Charge |
Current Charge |
Accidental Death Benefit Rider:
Minimum and Maximum Charge |
Payable with the
scheduled premium
payment |
Annual rate of $0.86 -
$3.89 per $1,000 of rider
coverage amount added
to each scheduled
premium payment |
Annual rate of $0.86 - $3.89 per
$1,000 of rider coverage amount added
to each scheduled
premium payment |
If the Special Premium
Payment Provision is in
effect, on the Policy
Processing Day a
scheduled premium
otherwise would be due |
If the Special Premium
Payment Provision is in
effect, an annual rate of
$0.80 - $3.60 per $1,000
of rider coverage amount |
If the Special Premium
Payment Provision is in
effect, an annual rate of
$0.80 - $3.60 per $1,000
of rider coverage amount | |
Charge for an Insured, Issue Age 32,
assuming monthly scheduled premium
payments and the Special Premium
Payment Provision is not in effect |
Payable with the
scheduled premium
payment |
$0.91 per $1,000 of rider
coverage amount added
to each scheduled
premium payment |
$0.91 per $1,000 of rider
coverage amount added
to each scheduled
premium payment |
Disability Waiver of Premium Benefit
Rider:
Minimum and Maximum Charge |
Payable with the
scheduled premium
payment |
Annual rate of $0.17 -
$5.32 per $1,000 of Face
Amount added to each
scheduled premium
payment |
Annual rate of $0.17 - $5.32 per
$1,000 of Face Amount added to each
scheduled premium
payment |
If the Special Premium
Payment Provision is in
effect, on the Policy
Processing Day a
scheduled premium
otherwise would be due |
If the Special Premium
Payment Provision is in
effect, an annual rate of
$0.16 - $4.92 per $1,000
of Face Amount |
If the Special Premium
Payment Provision is in
effect, an annual rate of
$0.16 - $4.92 per $1,000
of Face Amount | |
Charge for an Insured, Issue Age 34,
assuming monthly scheduled premium
payments and the Special Premium
Payment Provision is not in effect |
Payable with the
scheduled premium
payment |
$0.03 per $1,000 of Face
Amount added to each
scheduled premium
payment |
$0.03 per $1,000 of Face
Amount added to each
scheduled premium
payment |
Guaranteed Purchase Option Rider:
Minimum and Maximum Charge |
Payable with the
scheduled premium
payment |
Annual rate of $0.68 -
$2.60 per $1,000 of rider
coverage amount added
to each scheduled
premium payment |
Annual rate of $0.68 -
$2.60 per $1,000 of rider
coverage amount added
to each scheduled
premium payment |
If the Special Premium
Payment Provision is in
effect, on the Policy
Processing Day a
scheduled premium
otherwise would be due |
If the Special Premium
Payment Provision is in
effect, an annual rate of
$0.63 - $2.40 per $1,000
of rider coverage amount |
If the Special Premium
Payment Provision is in
effect, an annual rate of
$0.63 - $2.40 per $1,000
of rider coverage amount | |
Charge for an Insured, Issue Age 0 assuming monthly scheduled premium payments, the Special Premium Payment Provision is not in effect and the Policy has the Disability Waiver of Premium Rider |
Payable with the
scheduled premium
payment |
$0.06 per $1,000 of rider
coverage amount per
month |
$0.06 per $1,000 of rider
coverage amount per
month |
Annual Underlying Mutual Fund Expenses | ||
|
Minimum |
Maximum |
(Expenses that are deducted from underlying mutual fund assets, including
management fees, distribution and/or service (12b-1) fees, and other
expenses, as a percentage of average underlying mutual fund net
assets.) |
0.27% |
1.98% |
Example: |
Owner elects to participate in Automatic Asset Rebalancing and has instructed his Policy
Account Value be allocated as follows and rebalanced on a quarterly basis: 40% to
Subaccount A, 40% to Subaccount B, and 20% to Subaccount C. Each quarter,
Nationwide will automatically rebalance Owner’s Policy Account
Value by transferring Policy Account Value among the three elected
Subaccounts so that his 40%/40%/20% allocation remains
intact. |
Trading Behavior |
Our Response |
six or more transfers within one
calendar quarter |
NLIC will mail a letter to the Policy Owner notifying them that: (1)they have been identified as engaging in harmful trading practices; and (2)if their transfers events total 11 within two consecutive calendar quarters or 20 within one
calendar year, the Policy Owner will be limited to submitting transfer requests via
U.S. mail. |
11 transfer events within two
consecutive calendar quarters
OR
20 transfers within one calendar
year |
NLIC will automatically limit the Policy Owner to submitting transfer requests via U.S. mail. |
|
$50,000 Face Amount |
$100,000 Face Amount | ||
|
Non-Smoker |
Standard |
Non-Smoker |
Standard |
Male,
Issue Age 25 |
395.50 |
503.50 |
765.00 |
982.00 |
Female, Issue Age 35 |
508.50 |
594.00 |
991.00 |
1,163.00 |
Male,
Issue Age 45 |
905.00 |
1,216.00 |
1,783.00 |
2,405.00 |
Female, Issue Age 55 |
1,236.50 |
1,442.00 |
2,445.00 |
2,856.00 |
|
$50,000 Face Amount |
$100,000 Face Amount | ||
|
Monthly |
Annual |
Monthly |
Annual |
Male,
Issue Age 25 |
34.80 |
395.50 |
67.32 |
765.00 |
Female,
Issue Age 35 |
44.75 |
508.50 |
87.21 |
991.00 |
Male,
Issue Age 45 |
79.64 |
905.00 |
156.90 |
1,783.00 |
Female,
Issue Age 55 |
108.81 |
1,236.50 |
215.16 |
2,445.00 |
Attained Age |
Multiple of Scheduled Base Premium |
0-59 |
10 |
60-65 |
8 |
66-70 |
6 |
71-75 |
5 |
76-80 |
4 |
81-85 |
3 |
86+ |
2 |
Name of Benefit |
Purpose |
Is Benefit
Standard or
Optional |
Brief Description of Restrictions/Limitations
|
Automatic Asset
Rebalancing |
Automatic reallocation
of assets on a
predetermined
percentage basis |
Standard |
• Rebalancing may be done annually
See Transfers |
Name of Benefit |
Purpose |
Is Benefit
Standard or
Optional |
Brief Description of Restrictions/Limitations
|
Accelerated Death
Benefit Rider |
Provides a one-time
terminal illness benefit
payment |
Optional |
• Rider may be added at any time, subject to satisfactory additional Evidence of Insurability • Amount of the accelerated death benefit payment
must be at least $10,000 and cannot exceed
$250,000
• A Death Benefit lien may apply • Receipt of accelerated death benefits may be
taxable
• Policy will terminate on any Policy Anniversary when the Death Benefit lien exceeds the Proceeds |
Disability Waiver of
Premium |
Provides for Premium
payments to the Policy
in the event of the
Insured’s total disability |
Optional |
• Rider must be purchased when the Policy is issued • Insured’s total disability must be before the Policy
Anniversary nearest the Insured’s 60th birthday and
continue for at least 90 days (or 180 days if the
extended waiting period applies)
• Benefit applies after the commencement and during the continuance of such disability |
Accidental Death
Benefit |
Payment of an
additional fixed amount
of Death Benefit upon
the Insured’s accidental
death |
Optional |
• Rider must be purchased when the Policy is issued • Insured must die from accidental bodily injury
before the Policy Anniversary nearest the Insured’s
70th birthday |
Guaranteed Purchase
Option |
Allows the Owner to
purchase additional
insurance on the
Insured’s life |
Optional |
• Rider must be purchased when the Policy is issued
• Additional insurance must be purchased at specified times and under certain circumstances |
Policy Year |
Charge per $1,000 Face
Amount |
1-5 |
$5.00 |
6 |
4.00 |
7 |
3.00 |
8 |
2.00 |
9 |
1.00 |
10 |
0 |
For Policies Which Are Surrendered or Lapse During Policy Year |
The Contingent Deferred Sales Charge Rates Will Be The Following Percentage of
One Scheduled Annual Premium |
Which is Equal to the Following Percentage of the Scheduled Premiums Up to the Date of Surrender or Lapse |
1 |
25% |
25.00% |
2 |
30% |
15.00% |
3 |
35% |
11.66% |
4 |
40% |
10.00% |
5 |
45% |
9.00% |
6 |
40% |
6.66% |
7 |
30% |
4.28% |
8 |
20% |
2.50% |
9 |
10% |
1.11% |
10
and later |
0% |
0% |
Example: | ||
Assume the following: | ||
• The Policy’s Death Benefit is $100,000 • The Requested Percentage of the Face Amount is 50%.
• The guaranteed administrative charge is $250. | ||
Using the above assumptions, the Accelerated Death Benefit (ADB) would be
calculated. | ||
ADB |
= |
[50% x $100,000] – $250 |
ADB |
= |
[$50,000] – $250 |
ADB |
= |
$49,750 |
Example: |
Assume: |
• the Disability Waiver of Premium Benefit Rider Monthly Benefit Amount is
$700, |
• the Insured has been totally disabled for six consecutive
months, |
• at the time of disability, the Policy was at the end of the 7th year and
the Insured’s Attained Age was 59, and |
• the Premiums paid over the life of the policy totaled
$42,000. |
Since the average monthly Premium paid over the 84 months (7 Years x 12 months) prior to
the disability was $500 ($42,000 divided by 84), a monthly credit of $500 will be
applied to the policy until the Insured ‘s Attained Age reaches 65,
or until the Insured is no longer disabled, if sooner.
|
Example: |
Assume the policy is issued with a Face Amount of $500,000, an additional $100,000 of
death benefit under the Accidental Death Benefit, and the Basic Death Benefit Option
applies. If the Insured dies from accidental bodily injury at age 65, the
Proceeds paid to the beneficiary would be $600,000 ($500,000 + $100,000),
as long as the rider has not otherwise terminated. |
Example: |
Assume the following: |
• Guaranteed Purchase Option Rider was elected for $50,000 and is in
effect |
• The policy is on the 3rd anniversary and the Insured’s Attained Age
is 28 |
• The Face Amount is $100,000.000 |
• The owner can then exercise the Guaranteed Purchase Option that will
increase the policy’s Face Amount by an additional $50,000 with
no underwriting. After the election of the Guaranteed Purchase Option,
the Face Amount will be $150,000. |
Type |
Underlying Mutual Fund and Adviser/
Subadviser |
Current
Expenses |
Average Annual Total Returns
(as of 12/31/2023) | ||
1 year |
5 year |
10 year | |||
Equity |
Alger Small Cap Growth Portfolio: Class I-2 Shares
Investment Advisor: Fred Alger Management, LLC |
1.02% |
16.49% |
7.96% |
7.05% |
Allocation |
Fidelity Variable Insurance Products Fund - VIP Asset Manager
Portfolio: Initial Class
Investment Advisor: Fidelity Management & Research Company LLC
(FMR)
Investment Sub-Advisor: FMR Investment Management (UK) Limited,
Fidelity Management & Research (Hong Kong) Limited and Fidelity
Management & Research (Japan) Limited |
0.53% |
12.94% |
7.48% |
5.40% |
Equity |
Fidelity Variable Insurance Products Fund - VIP Equity-Income
Portfolio: Initial Class
Investment Advisor: Fidelity Management & Research Company LLC
(FMR)
Investment Sub-Advisor: FMR Investment Management (UK) Limited,
Fidelity Management & Research (Hong Kong) Limited and Fidelity
Management & Research (Japan) Limited |
0.47% |
10.65% |
12.30% |
8.58% |
Equity |
Fidelity Variable Insurance Products Fund - VIP Growth Portfolio:
Initial Class
Investment Advisor: Fidelity Management & Research Company LLC
(FMR)
Investment Sub-Advisor: FMR Investment Management (UK) Limited,
Fidelity Management & Research (Hong Kong) Limited and Fidelity
Management & Research (Japan) Limited |
0.58% |
36.24% |
19.64% |
14.80% |
Fixed Income |
Fidelity Variable Insurance Products Fund - VIP High Income
Portfolio: Initial Class
Investment Advisor: Fidelity Management & Research Company LLC
(FMR)
Investment Sub-Advisor: FMR Investment Management (UK) Limited,
Fidelity Management & Research (Hong Kong) Limited and Fidelity
Management & Research (Japan) Limited |
0.77% |
10.48% |
3.87% |
3.40% |
Fixed Income |
Fidelity Variable Insurance Products Fund - VIP Investment
Grade Bond Portfolio: Initial Class
Investment Advisor: Fidelity Management & Research Company LLC
(FMR)
Investment Sub-Advisor: FMR Investment Management (UK) Limited,
Fidelity Management & Research (Hong Kong) Limited and Fidelity
Management & Research (Japan) Limited |
0.38% |
6.20% |
1.97% |
2.33% |
Equity |
Fidelity Variable Insurance Products Fund - VIP Overseas
Portfolio: Initial Class
Investment Advisor: Fidelity Management & Research Company LLC
(FMR)
Investment Sub-Advisor: FMR Investment Management (UK) Limited,
Fidelity Management & Research (Hong Kong) Limited, Fidelity
Management & Research (Japan) Limited, FIL Investment Advisors,
FIL Investment Advisors (UK) Limited and FIL Investments (Japan)
Limited |
0.73% |
20.51% |
9.98% |
4.91% |
Type |
Underlying Mutual Fund and Adviser/
Subadviser |
Current
Expenses |
Average Annual Total Returns
(as of 12/31/2023) | ||
1 year |
5 year |
10 year | |||
Equity |
MFS® Variable Insurance Trust II - MFS International
Intrinsic Value Portfolio: Service
Class Investment Advisor: Massachusetts Financial Services
Company |
1.14%* |
17.37% |
8.31% |
6.66% |
Equity |
Nationwide Variable Insurance Trust - NVIT Allspring Discovery
Fund: Class I
This Portfolio is only available in policies issued before May 1,
2023 Investment Advisor: Nationwide Fund Advisors
Sub-Advisor: Allspring Global Investments, LLC |
0.83%* |
20.58% |
9.62% |
7.61% |
Equity |
Nationwide Variable Insurance Trust - NVIT AQR Large Cap
Defensive Style Fund: Class IV
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: AQR Capital Management, LLC |
0.78% |
8.29% |
11.51% |
10.12% |
Equity |
Nationwide Variable Insurance Trust - NVIT BlackRock Equity
Dividend Fund: Class IV
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: BlackRock Investment Management, LLC |
0.80%* |
12.04% |
11.28% |
8.46% |
Fixed Income |
Nationwide Variable Insurance Trust - NVIT BNY Mellon Core
Plus Bond Fund: Class I
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Insight North America LLC |
0.63%* |
7.40% |
2.08% |
2.14% |
Equity |
Nationwide Variable Insurance Trust - NVIT BNY Mellon Dynamic
U.S. Core Fund: Class I
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Newton Investment Management Limited |
0.62%* |
23.88% |
15.51% |
11.84% |
Equity |
Nationwide Variable Insurance Trust - NVIT Columbia Overseas
Value Fund: Class I
This Portfolio is no longer available to accept transfers or new
premium payments effective October 16, 2020
Investment Advisor: Nationwide Fund Advisors
Sub-Advisor: Columbia Management Investment Advisers, LLC |
1.02% |
15.56% |
7.25% |
2.74% |
Equity |
Nationwide Variable Insurance Trust - NVIT Columbia Overseas
Value Fund: Class X
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Columbia Management Investment Advisers,
LLC |
0.88% |
15.67% |
7.33% |
2.78% |
Equity |
Nationwide Variable Insurance Trust - NVIT Emerging Markets
Fund: Class I
This Portfolio is only available in policies issued before May 1,
2024 Investment Advisor: Nationwide Fund Advisors
Sub-Advisor: NS Partners Ltd |
1.10%* |
4.16% |
0.25% |
0.12% |
Fixed Income |
Nationwide Variable Insurance Trust - NVIT Government Bond
Fund: Class IV
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Nationwide Asset Management, LLC |
0.69%* |
4.71% |
0.20% |
0.82% |
Fixed Income |
Nationwide Variable Insurance Trust - NVIT Government Money
Market Fund: Class IV
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Federated Investment Management
Company |
0.47% |
4.75% |
1.60% |
0.98% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Moderate Fund: Class II
Investment Advisor: Nationwide Fund Advisors |
0.86% |
14.72% |
6.53% |
5.08% |
Equity |
Nationwide Variable Insurance Trust - NVIT Jacobs Levy Large
Cap Core Fund: Class I
This Portfolio is only available in policies issued before May 1,
2023 Investment Advisor: Nationwide Fund Advisors
Sub-Advisor: Jacobs Levy Equity Management, Inc. |
0.79%* |
23.39% |
13.50% |
10.37% |
Type |
Underlying Mutual Fund and Adviser/
Subadviser |
Current
Expenses |
Average Annual Total Returns
(as of 12/31/2023) | ||
1 year |
5 year |
10 year | |||
Fixed Income |
Nationwide Variable Insurance Trust - NVIT Loomis Short Term
Bond Fund: Class II
This Portfolio is only available in policies issued before May 1,
2023 Investment Advisor: Nationwide Fund Advisors
Sub-Advisor: Loomis, Sayles & Company, L.P. |
0.80% |
5.69% |
1.19% |
1.10% |
Equity |
Nationwide Variable Insurance Trust - NVIT Multi-Manager Small
Cap Value Fund: Class IV
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Jacobs Levy Equity Management, Inc. and
WCM Investment Management, LLC |
1.06%* |
17.59% |
11.07% |
6.85% |
Equity |
Nationwide Variable Insurance Trust - NVIT Multi-Manager Small
Company Fund: Class IV
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Jacobs Levy Equity Management, Inc. and
Invesco Advisers, Inc. |
1.05%* |
13.96% |
13.30% |
8.47% |
Equity |
Nationwide Variable Insurance Trust - NVIT S&P 500®
Index Fund: Class IV
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: BlackRock Investment Management, LLC |
0.27% |
25.99% |
15.41% |
11.74% |
Fixed Income |
Neuberger Berman Advisers Management Trust - Short Duration
Bond Portfolio: Class I Shares
Investment Advisor: Neuberger Berman Investment Advisers LLC |
0.86% |
5.90% |
1.65% |
1.21% |
Fixed Income |
VanEck VIP Trust - VanEck VIP Emerging Markets Bond Fund:
Initial Class
Investment Advisor: Van Eck Associates Corporation |
1.10%* |
11.40% |
4.07% |
1.97% |
Equity |
VanEck VIP Trust - VanEck VIP Emerging Markets Fund: Initial
Class
This Portfolio is only available in policies issued before May 1,
2023 Investment Advisor: Van Eck Associates Corporation
|
1.25%* |
9.77% |
2.29% |
1.05% |
Equity |
VanEck VIP Trust - VanEck VIP Global Resources Fund: Initial
Class
Investment Advisor: Van Eck Associates Corporation |
1.12% |
-3.58% |
10.61% |
-1.01% |
State |
State Law Variations |
Alabama |
• Disability Waiver Benefit Rider – We will not waive monthly deductions if the total
disability was the result bodily injury occurring or sickness first manifesting
during the first two years after the effective date of this Rider or
within the five year period immediately preceding the date the Rider
took effect unless such injury or sickness was shown in the
application for this Rider. |
Colorado |
• Suicide provision is one year. |
Connecticut |
• Accidental Death Benefit Rider – This benefit will not be payable if the Insured’s death
was the result of voluntary use of any controlled substance as defined in Title II
of the Comprehensive Drug Abuse Prevention and Control Act of 1970,
as now and hereafter amended, unless prescribed for the Insured by
his or her physician. • Disability Waiver Benefit Rider – We will not waive monthly deductions if the total
disability was the result bodily injury occurring or sickness first manifesting
during the first two years after the effective date of this Rider or
within the five year period before the date the Rider took effect
unless such injury or sickness was shown in the application for this
Rider. |
Illinois |
• Disability Waiver Benefit Rider - The exclusion that bodily injury occurring or sickness
first manifesting itself before this Rider took effect unless the Insured becomes
totally disabled from such condition after 2 years from the Rider
Issue Date and the application for this benefit did not include a
question or questions regarding such condition does not
apply. |
Indiana |
• Shortly before attained age 21, we will notify the Insured about possible classification as
a non-smoker. Such notification will include any forms needed for reclassification
as a non-smoker. If the Insured does not qualify for non-smoker
status or does not return the application form, we will classify the
Insured as a smoker and cost of insurance rates will be determined
in accordance with such classification. |
Maryland |
• During the first five Policy Years, the minimum Death Benefit will be at least equal to the
initial Face Amount on the Policy Issue Date if premiums are duly paid and if
there are no outstanding policy loans, partial withdrawals or
partial surrenders. After the first 5 Policy Years, the Net Cash
Surrender Value must be sufficient to cover the monthly deductions
for the Face Amount at that time. • The Exchange Provision allows the exchange to a policy of permanent fixed benefit life
insurance within 18 months following the Policy Issue Date.
• The Special Transfer Right provision is not available. • Guaranteed Minimum Death Benefit Rider is titled No-Lapse Guarantee Upon
Payment of Minimum Guarantee Premium Rider. |
Missouri |
• SUICIDE – Suicide is no defense to payment of life insurance benefits nor is suicide
while insane a defense to payment of accidental death benefits, if any, under this
Policy where the Policy is issued to a Missouri citizen, unless the
insurer can show that the Insured intended suicide when he applied
for the Policy, regardless of any language to the contrary in the
Policy. |
Montana |
• All references to sex are unisex. |
New Hampshire |
• Disability Waiver Benefit Rider – We will not waive monthly
deductions if the total disability was the result of bodily injury
occurring or sickness first manifesting itself within two years of
the effective date of this Rider for which treatment was sought within
this two-year period. |
State |
State Law Variations |
New Jersey |
• A Face Amount increase made during the first five policy years will result in an increase
of the Minimum Annual Premium.
• Disability Waiver Benefit – We will not waive monthly deductions if the total disability was
the result of bodily injury occurring or sickness first manifesting itself before
this Rider took effect unless the Insured becomes totally disabled
from such condition after 2 years from the Rider Issue Date and the
application for this benefit did not include a question or questions
regarding such condition. • Guaranteed Minimum Death Benefit Rider – The provisions of this rider replace the 5
year Minimum Guarantee Premium requirement stated in the Policy.
|
North Dakota |
• Suicide – Suicide provision is one year and will be of no effect unless the Company can
show that the Insured intended suicide when he or she applied for this
Policy. |
Pennsylvania |
• At least 60 days before attained age 21, we will notify the Insured about possible
classification as a non-smoker. Such notification will include any forms needed
for reclassification as a non-smoker. If the Insured does not
qualify for non-smoker status or does not return the application
form, we will classify the Insured as a smoker and cost of insurance
rates will be determined in accordance with such classification.
• Disability Waiver Benefit Rider – Definition of Total Disability – a disability which is: (a)
caused by sickness or bodily injury; and (b) prevents the Insured from engaging in
an occupation. A) During the first 5 years of total disability.
"Occupation" means the regular occupation of the Insured at the time
the disability started. If, however, during this 5-year period the
Insured is engaged in any gainful occupation for which he or she is qualified, he or she will not be deemed totally disabled. B) After the first 5 years of total disability,
"occupation" means any gainful occupation for which the Insured is
qualified. |
South Carolina |
• Disability Waiver Benefit Rider – Bodily injury occurring, or sickness first manifesting
itself before this rider took effect is not an exclusion in South Carolina unless
such injury or sickness was shown in the application for this
rider. |
South Dakota |
• Disability Waiver Benefit Rider – Definition of Total Disability. A disability which is: (a)
caused by sickness or bodily injury; and (b) prevents the Insured from engaging in
the substantial and material duties of an occupation. During the
first 5 years of total disability, "occupation" means the
substantial and material duties of the Insured’s regular
occupation. |
Texas |
• Shortly before attained age 21, we will notify the Insured about possible
classification as a non-smoker. If the Insured does not qualify for
non-smoker status or does not return the application form, we will
classify the Insured as a smoker and cost of insurance rates will be
determined in accordance with such classification. |
|
Page |
2 | |
5 | |
5 | |
5 | |
6 | |
7 |
|
|
President and Chief Operating Officer and Director |
Carter, John L. |
Executive Vice President-Chief Human Resources Officer |
Clements, Vinita J. |
Executive Vice President-Chief Technology Officer |
Fowler, James R. |
Executive Vice President and Director |
Frommeyer, Timothy G. |
Executive Vice President-Chief Legal Officer |
Howard, Mark S. |
Executive Vice President-Chief Marketing Officer |
Jones, Ramon |
Executive Vice President-Chief Customer, Strategy and Innovation Officer |
Mahaffey, Michael W. |
Executive Vice President-Chief Transformation Officer |
Shore, Amy T. |
Senior Vice President-NF Strategic Customer Solutions |
Ambrozy, Tina S. |
Senior Vice President-Strategic Planning |
Amodeo, Daniel W. |
Senior Vice President-Marketing Management - Financial Services |
Bair, Ann S. |
Senior Vice President-Corporate Controller and Chief Accounting Officer |
Benson, James D. |
Senior Vice President-Head of Taxation |
Biesecker, Pamela A. |
Senior Vice President-Marketing Content & Delivery |
Boyd, Michael A. |
Senior Vice President-Legal – NF |
Boyer, John N. |
Senior Vice President-Human Resources – IT & Legal |
Bretz, Angela D. |
Senior Vice President-Chief Technology Officer - Nationwide Financial |
Carrel, Michael W. |
Senior Vice President-Chief Investment Officer |
Coleman, Joel L. |
Senior Vice President-Chief Compliance Officer |
Dankovic, Rae Ann |
Senior Vice President-Chief Risk Officer |
Diem, Klaus K. |
Senior Vice President-External Affairs |
English, Steven M. |
Senior Vice President-Trial Division |
Failor, Scott E. |
Senior Vice President-Chief Financial Officer - Nationwide Financial and Director |
Ginnan, Steven A. |
Senior Vice President-Annuity Distribution |
Guymon, Rona |
Senior Vice President-Retirement Solutions Sales |
Hawley, Craig A. |
Senior Vice President-Nationwide Annuity and Director |
Henderson, Eric S. |
Senior Vice President-Corporate Operations & Litigation Legal |
Innis-Thompson, Janice |
Senior Vice President-Investment Management Group |
Jestice, Kevin T. |
Senior Vice President-Internal Audit |
Jordan, Gregory S. |
Senior Vice President-Chief Innovation and Digital Officer |
Kandhari, Chetan D. |
Senior Vice President-Chief Technology Officer – Technology Strategy, Data & Innovation |
Kolp, Melanie A. |
Senior Vice President and Treasurer |
LaPaul, David |
Senior Vice President-Chief Information Security Officer |
Lukens, Todd |
Senior Vice President-Marketing Management - P&C |
MacKenzie, Jennifer B. |
Senior Vice President-Technology CFO & Procurement |
O'Brien, Kevin G. |
Senior Vice President-Corporate Solutions |
Perez, Juan J. |
Senior Vice President-Talent & Organization Effectiveness |
Pheister, Erin R. |
Senior Vice President-Nationwide Retirement Institute |
Rodriguez, Kristi L. |
Senior Vice President-Corporate Real Estate |
Sherry, Kieran P. |
Senior Vice President-Finance & Strategy Legal and Corporate Secretary |
Skingle, Denise L. |
Senior Vice President-Nationwide Life and Director |
Snyder, Holly R. |
Senior Vice President-Total Rewards |
Sonneman, Christopher Paul |
Senior Vice President-Retirement Solutions |
Stevenson, Eric |
Senior Vice President-Chief Advanced Analytics Officer |
Terry, Shannon |
Senior Vice President-Chief Technology Officer – Property & Casualty |
Vasudeva, Guruprasad C. |
Senior Vice President-Human Resources - NF |
Webster, Cynthia S. |
Director |
Walker, Kirt A. |
Company |
Jurisdiction
of Domicile |
Brief Description of Business |
Nationwide Financial Services, Inc. |
Delaware |
The company acts primarily as a holding company for companies within the Nationwide organization that offer or distribute life insurance, long-term savings and retirement products. |
NFS Distributors, Inc. |
Delaware |
The company acts primarily as a holding company for Nationwide Financial Services, Inc. companies. |
Nationwide Financial General Agency, Inc. |
Pennsylvania |
The company is a multi-state licensed insurance agency. |
Company |
Jurisdiction
of Domicile |
Brief Description of Business |
Nationwide Fund Distributors, LLC |
Delaware |
The company is a limited purpose broker-dealer. |
Nationwide Fund Management, LLC |
Delaware |
The company provides administration, transfer and dividend disbursing agent services to various mutual fund entities. |
Nationwide Retirement Solutions, Inc. |
Delaware |
The company markets and administers deferred compensation plans for public employees. |
Nationwide Securities, LLC |
Delaware |
The company is a general purpose broker-dealer and investment adviser registered with the Securities and Exchange Commission. |
Nationwide Trust Company, FSB |
Federal |
This is a federal savings bank chartered by the Office of Thrift Supervision in the United States Department of Treasury to exercise deposit, lending, agency, custody and fiduciary powers and to engage in activities permissible for federal savings banks under the Home Owners’ Loan Act of 1933. |
Nationwide Financial Services Capital Trust |
Delaware |
The trust’s sole purpose is to issue and sell certain securities representing individual beneficial interests in the assets of the trust |
525 Cleveland Avenue, LLC |
Ohio |
This is a limited liability company organized under the laws of the State of Ohio. The company was formed to provide remedial real property cleanup prior to sale. |
Nationwide Life Insurance Company 2
|
Ohio |
The corporation provides individual life insurance, group and health insurance, fixed and variable annuity products and other life insurance products. |
Jefferson National Life Insurance Company2,3
|
Texas |
The company provides life, health and annuity products. |
Jefferson National Life Annuity Company C2,3
|
|
A separate account issuing variable annuity products. |
Jefferson National Life Annuity Account E2,3
|
|
A separate account issuing variable annuity products. |
Jefferson National Life Annuity Account F2,3
|
|
A separate account issuing variable annuity products. |
Jefferson National Life Annuity Account G2,3
|
|
A separate account issuing variable annuity products. |
Jefferson National Life Insurance Company of New York2,3
|
New York |
The company provides variable annuity products. |
Jefferson National Life of New York Annuity Account 12,3
|
|
A separate account issuing variable annuity products. |
MFS Variable Account2,3 |
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Multi-Flex Variable Account2,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Variable Account2,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Variable Account-II2,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Variable Account-32,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Variable Account-42,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Variable Account-52,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Variable Account-62,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Variable Account-72,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Variable Account-82,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Variable Account-92,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Variable Account-102,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Variable Account-112,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Variable Account-122,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Variable Account-132,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Variable Account-142,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Variable Account-152,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Provident VA Separate Account 12,3
|
Pennsylvania |
A separate account issuing variable annuity contracts. |
Nationwide VLI Separate Account2,3
|
Ohio |
A separate account issuing variable life insurance policies. |
Nationwide VLI Separate Account-22,3
|
Ohio |
A separate account issuing variable life insurance policies. |
Nationwide VLI Separate Account-32,3
|
Ohio |
A separate account issuing variable life insurance policies. |
Company |
Jurisdiction
of Domicile |
Brief Description of Business |
Nationwide VLI Separate Account-42,3
|
Ohio |
A separate account issuing variable life insurance policies. |
Nationwide VLI Separate Account-52,3
|
Ohio |
A separate account issuing variable life insurance policies. |
Nationwide VLI Separate Account-62,3
|
Ohio |
A separate account issuing variable life insurance policies. |
Nationwide VLI Separate Account-72,3
|
Ohio |
A separate account issuing variable life insurance policies. |
Nationwide Provident VLI Separate Account 12,3
|
Pennsylvania |
A separate account issuing variable life insurance policies. |
Nationwide Investment Services Corporation3
|
Oklahoma |
This is a limited purpose broker-dealer and distributor of variable annuities and variable life products for Nationwide Life Insurance Company and Nationwide Life and Annuity Insurance Company. The company also provides educational services to retirement plan sponsors and its participants. |
Nationwide Financial Assignment Company3
|
Ohio |
The company is an administrator of structured settlements. |
Nationwide Investment Advisors, LLC3
|
Ohio |
The company provides investment advisory services. |
Eagle Captive Reinsurance, LLC3
|
Ohio |
The company is engaged in the business of insurance |
Nationwide Life and Annuity Insurance Company2,3
|
Ohio |
The company engages in underwriting life insurance and granting, purchasing and disposing of annuities. |
Nationwide VA Separate Account-A2,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide VA Separate Account-B2,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide VA Separate Account-C2,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide VA Separate Account-D2,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Provident VA Separate Account A2,3 |
Delaware |
A separate account issuing variable annuity contracts. |
Nationwide VL Separate Account-C2,3
|
Ohio |
A separate account issuing variable life insurance policies. |
Nationwide VL Separate Account-D2,3
|
Ohio |
A separate account issuing variable life insurance policies. |
Nationwide VL Separate Account-G2,3
|
Ohio |
A separate account issuing variable life insurance policies. |
Nationwide Provident VLI Separate Account A2,3 |
Delaware |
A separate account issuing variable life insurance policies. |
Olentangy Reinsurance, LLC3
|
Vermont |
The company is a captive life reinsurance company. |
Nationwide SBL, LLC |
Ohio |
The company is a lender offering securities-back lines of credit. |
Registered Investment Advisors Services, Inc. |
Texas |
The company is a technology company that facilitates third-party money management services for registered investment advisors |
Nationwide Fund Advisors4 |
Delaware |
The trust acts as a registered investment advisor. |
Jefferson National Life Annuity Account C |
Nationwide Variable Account-14 |
Jefferson National Life Annuity Account E |
Nationwide Variable Account-15 |
Jefferson National Life Annuity Account F |
Nationwide VA Separate Account-A |
Jefferson National Life Annuity Account G |
Nationwide VA Separate Account-B |
Jefferson National Life of New York Annuity Account 1 |
Nationwide VA Separate Account-C |
MFS Variable Account |
Nationwide VA Separate Account-D |
Multi-Flex Variable Account |
Nationwide VLI Separate Account |
Nationwide Variable Account |
Nationwide VLI Separate Account-2 |
Nationwide Variable Account-II |
Nationwide VLI Separate Account-3 |
Nationwide Variable Account-3 |
Nationwide VLI Separate Account-4 |
Nationwide Variable Account-4 |
Nationwide VLI Separate Account-5 |
Nationwide Variable Account-5 |
Nationwide VLI Separate Account-6 |
Nationwide Variable Account-6 |
Nationwide VLI Separate Account-7 |
Nationwide Variable Account-7 |
Nationwide VL Separate Account-C |
Nationwide Variable Account-8 |
Nationwide VL Separate Account-D |
Nationwide Variable Account-9 |
Nationwide VL Separate Account-G |
Nationwide Variable Account-10 |
Nationwide Provident VA Separate Account 1 |
Nationwide Variable Account-11 |
Nationwide Provident VA Separate Account A |
Nationwide Variable Account-12 |
Nationwide Provident VLI Separate Account 1 |
Nationwide Variable Account-13 |
Nationwide Provident VLI Separate Account A |
President and Director |
Ambrozy, Tina S. |
Senior Vice President-Head of Taxation |
Biesecker, Pamela A. |
Senior Vice President and Secretary |
Skingle, Denise L. |
Vice President-Tax |
Eppley, Daniel P. |
Vice President and Assistant Secretary |
Garman, David A. |
Vice President-Chief Compliance Officer |
Rabenstine, James J. |
Vice President-CFO – Life Insurance |
Wild, Keith D. |
Associate Vice President and Treasurer |
Roswell, Ewan T. |
Associate Vice President and Assistant Treasurer |
Hacker, Hope C. |
Associate Vice President and Assistant Treasurer |
Reese, John A. |
Associate Vice President and Assistant Treasurer |
Walker, Tonya G. |
Assistant Secretary |
Bowman, Heidi |
Assistant Secretary |
Dokko, David |
Assistant Secretary |
Hartman, Mark E. |
Director |
Henderson, Eric S. |
Director |
Stevenson, Eric |
Name of Principal Underwriter |
Net Underwriting Discounts |
Compensation on Redemption |
Brokerage Commissions |
Other Compensation
|
Nationwide Investment Services Corporation |
N/A |
N/A |
N/A |
N/A |
Nationwide Provident VLI Separate Account 1 |
(Registrant) |
Nationwide Life Insurance Company |
(Depositor) |
By: /s/ Jamie Ruff Casto |
Jamie Ruff Casto
Attorney-in-Fact |
JOHN L. CARTER |
|
John L. Carter, President and Chief Operating Officer and Director (Principal Executive Officer) |
|
HOLLY R. SNYDER |
|
Holly R. Snyder, Senior Vice President and Director |
|
TIMOTHY G. FROMMEYER |
|
Timothy G. Frommeyer, Executive Vice President and Director |
|
ERIC S. HENDERSON |
|
Eric S. Henderson, Senior Vice President-Nationwide Annuity and Director |
|
STEVEN A. GINNAN |
|
Steven A. Ginnan, Senior Vice President-Chief Financial Officer-Nationwide Financial and Director (Chief Financial Officer) |
|
KIRT A. WALKER |
|
Director |
|
JAMES D. BENSON |
|
James D. Benson, Senior Vice President-Corporate Controller and Chief Accounting Officer (Principal Accounting Officer) |
|
|
By: /s/ Jamie Ruff Casto |
|
Jamie Ruff Casto
Attorney-in-Fact |