Accumulation
Unit – An accounting unit of measure of an investment in, or share of, a Sub-Account. Accumulation
Unit values are initially set at $10 for each Sub-Account. |
Attained
Age – A person's Issue Age plus the number of full years since the Policy Date. |
Base Policy Specified Amount – The amount of insurance coverage selected under the base policy, excluding any
Rider Specified Amount. |
Cash
Surrender Value – The Cash Value minus Indebtedness and any surrender charge. |
Cash
Value – The total amount allocated
to the Sub-Accounts, the policy loan account, and the fixed investment
options. |
Code – The Internal Revenue Code of 1986, as amended. |
Commissionable Target Premium – is an amount used in the calculation of the Percent of Premium Charge and
total compensation Nationwide pays. Commissionable Target Premium is actuarially derived based on the Base Policy Specified Amount, the Insureds' characteristics and the death benefit option of
the policy. |
Death
Benefit – The amount paid upon the Surviving Insured's death,
before the deduction of any Indebtedness, or
due and unpaid policy charges. |
Directed Monthly Deductions – A Policy Owner's election to have deductions for monthly policy charges, including
Rider charges, deducted from a single Sub-Account or the Fixed Account rather than proportionally. If the selected investment option’s value is insufficient to cover the full monthly deduction, the remainder of the monthly deduction
will be deducted proportionally from the Sub-Accounts and/or Fixed Account. The Long-Term Fixed Account and
amounts allocated to Enhanced Dollar Cost Averaging programs are not available for
Directed Monthly Deduction election. |
Fixed
Account – An investment option that
is funded by Nationwide's general account. |
Grace
Period – A 61-day period after which the Policy will Lapse if sufficient payments are not made to prevent Lapse. |
In
Force – Any time during which benefits are payable under the
policy and any elected Rider(s). |
Indebtedness
– The total amount of all
outstanding policy loans, including principal and interest due. |
Initial Death Benefit Guarantee Period – The length of time during which the Guaranteed Policy
Continuation Provision is available. |
Insureds
– The persons whose lives are insured under the policy.
The death of the Surviving Insured triggers payment
of the Death Benefit. |
Investment
Experience – The market
performance of a mutual fund/Sub-Account. |
Issue
Age – A person's age based on their
birthday nearest the Policy Date. If their last birthday was more than 182
days prior to the Policy Date, their nearest birthday will be their next birthday. |
Lapse – The policy terminates without
value. |
Long-Term
Fixed Account – An investment option that is funded by Nationwide’s general account. |
Maturity
Date – The policy anniversary on which the younger Insured
reaches Attained Age120. |
Minimum Required Death Benefit – The lowest Death Benefit that will qualify the policy as life insurance under the
Code. |
Monthly Initial Death Benefit Guarantee Premium – Dollar amounts used to calculate the Premium that
must be paid to meet the requirements of the Guaranteed Policy
Continuation Provision. |
Nationwide
– Nationwide Life and Annuity
Insurance Company. |
Net Accumulated Premiums – Cumulative Premiums less any partial surrenders, Indebtedness, and any Returned Premium. |
Net Amount At Risk – The base policy's Death Benefit minus the policy's Cash Value. |
Net
Asset Value (NAV) – The price of
each share of a mutual fund in which a Sub-Account invests. NAV is
calculated by subtracting the mutual fund's liabilities from its total
assets, and dividing that figure by the number of shares outstanding.
Nationwide uses NAV to calculate the value of Accumulation Units. NAV does not reflect deductions
made for charges taken from the Sub-Accounts. |
Net
Premium – Premium after transaction charges, but before any allocation to an investment
option. |
Policy
Data Page(s) – The Policy Data Page(s) are issued as part of the policy and contain information specific to
the policy and the Insured, including coverage and Rider elections. Updated Policy Data Page(s) will be issued if the
Policy Owner makes any changes to coverage elections after the
policy is issued. |
Policy
Date – The date the policy takes effect as shown in the
Policy Data Pages. Policy years, months, and
anniversaries are measured from this date. |
Policy
Owner – The person or entity named as the owner on the application, or the person or entity assigned
ownership rights. |
Policy
Monthaversary – The same day of
the month as the Policy Date for each succeeding month. In any month
where such day does not exist (e.g. 29th, 30th, or 31st), the Policy Monthaversary will be the last day of that calendar
month. |
Policy Proceeds or Proceeds – Policy Proceeds may constitute the Death Benefit, or the amount payable if the policy matures or is surrendered, adjusted to account for any unpaid charges,
Indebtedness and Rider benefits. |
Premium
– Amount(s) paid to purchase and maintain
the policy. |
Premium Load
– The aggregate of the sales load
and premium tax charges. |
Returned
Premium – Any return of Premium due to Code Section 7702 or 7702A. |
Rider – An optional benefit purchased under the
policy. Rider availability and Rider terms may vary depending on the
state in which the policy was issued. |
Rider
Specified Amount – The portion of the Total Specified Amount attributable to the Additional Term Insurance
Rider. |
SEC – Securities and Exchange
Commission. |
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 Nationwide's mail and document processing facility. For service and transaction requests communicated by telephone, the Service Center is Nationwide's operations processing facility. Information on how to contact the Service Center is in the Contacting the Service Center provision. |
Sub-Account(s)
– The mechanism used to account for allocations of
Net Premium and Cash Value among the
policy's variable investment options. |
Substandard
Rating – An underwriting classification based on medical and/or non-medical factors used to determine
what to charge for life insurance based on characteristics of the Insureds beyond
traditional factors for standard risks, which include age, sex, and
tobacco habits of the Insureds. Substandard Ratings are shown in the
Policy Data Pages as rate class multiples (medical factors) and/or monthly flat extras (medical
and/or non-medical factors). The higher the rate class multiple or
monthly flat extra, the greater the risk assessed and the higher the cost of coverage. |
Surviving
Insured – The living Insured after one of the Insureds dies. |
Total
Specified Amount – The sum of the
Base Policy Specified Amount and the Rider Specified Amount, if
applicable. |
Valuation
Period – The period during which
Nationwide determines the change in the value of the Sub-Accounts.
One Valuation Period ends and another begins as of the close of regular trading on the New
York Stock Exchange. |
Variable Account – Nationwide VL Separate Account-G, a separate
account that Nationwide established to hold
policy owner assets allocated to variable investment options. The Variable Account is divided into Sub-Accounts,
each of which invests in a separate underlying mutual fund. |
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FEES AND EXPENSES | |||
Charges for Early
Withdrawals |
Surrender Charge – For up to 15 years from the Policy Date, or effective date
of any Base Policy Specified Amount increase, a surrender charge is
deducted if the policy is surrendered, Lapses, or there is a requested
decrease of the Base Policy Specified Amount (see Surrender Charge). This charge will vary based upon the individual
characteristics of the Insured. The maximum surrender charge is $44.16 per $1,000 of
Specified Amount, or 4.416% of the Specified Amount. For example, for a policy with
a $100,000 Base Policy Specified Amount, a complete surrender could result in a surrender
charge of $4,416.
Partial Surrender Fee – Deducted from the partial surrender amount requested
(see Partial Surrender Fee). Currently, Nationwide waives the Partial Surrender Fee. Nationwide may elect in the future to assess a Partial Surrender Fee. The Partial
Surrender Fee assessed to each surrender will not exceed the lesser of
$25 or 5% of the amount surrendered. | ||
Transaction Charges |
The policy owner may also be charged for other transactions as follows:
• Sales Load Charge – Deducted from each Premium payment applied to a policy. • Premium Taxes Charge – Deducted from each Premium payment applied to a policy. • Illustration Charge - Upon requesting an illustration.
• Rider Charges – One time rider charges for certain benefits, deducted upon invoking the
rider.
See Standard Policy Charges and Policy Riders and Rider Charges. | ||
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 Policy Riders and Rider Charges. 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) |
0.11%1 |
4.26%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 Charge). In addition, taking policy loans
may increase the risk of Lapse and may result in adverse tax consequences (see
Policy Loans). |
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 and each general account 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. |
RISKS | |
Insurance Company Risks |
Investment in the policy is subject to the risks associated with Nationwide,
including that any obligations (including under any general account
options), 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). |
Policy Lapse |
The policy is at risk of Lapsing when the Cash Surrender Value is insufficient to cover the
monthly policy charges, including Rider charges. 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 Lapse. |
RESTRICTIONS | |
Investments |
• Nationwide may restrict the form in which Sub-Account transfer requests will be
accepted (see Sub-Account Transfers).
• Nationwide may limit the frequency and dollar amount of transfers involving the fixed
interest options (see Fixed Investment Options Transfers).
• Nationwide reserves the right to add, remove, and substitute investment options
available under the policy (see Addition, Deletion, or Substitution of Mutual Funds).
|
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.
• Certain optional benefits limit or restrict the investment options available for investment.
• Policy loans are not permitted while benefits are being paid under certain optional
benefits.
• 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 Policy Riders and Rider Charges. |
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 Taxes. |
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 A
Note on Charges). |
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). |
Transaction Fees | |||
Charge |
When Charge is
Deducted |
Amount Deducted | |
Sales Load1 |
Upon making a Premium
payment |
Maximum:
$65 from each $1,000 of
Premium |
Currently:
$45 from each $1,000 of
Premium |
Premium Taxes |
Upon making a Premium
payment |
Maximum:
$35 from each $1,000 of
Premium |
Currently:
$35 from each $1,000 of
Premium |
Illustration Charge2 |
Upon requesting an
illustration |
Maximum:
$25 |
Currently:
$0 |
Partial Surrender Fee |
Upon a partial surrender |
Maximum:
lesser of $25 or 2% of
the amount surrendered
from the policy's Cash
Value |
Currently:
$0 |
Surrender Charge3† |
Upon surrender, policy
Lapse, and certain Base
Policy Specified Amount
decreases |
Maximum:
$44.16 per $1,000 of
Base Policy Specified
Amount |
Minimum:
$0.78 per $1,000 of Base
Policy Specified Amount |
Representative: male, Issue Age 55, non-
tobacco and female, Issue Age 55, non-
tobacco, Total Policy Specified Amount
and Base Policy Specified Amount
$1,000,000, Death Benefit Option 1 and a
complete surrender of the policy in year
one |
Upon surrender, policy
Lapse, and certain Base
Policy Specified Amount
decreases |
$21.57 per $1,000 of Base Policy Specified Amount
from the policy's Cash Value | |
Overloan Lapse Protection Rider
Charge† |
Upon invoking the Rider |
Maximum:
$42.50 per $1,000 of
Cash Value |
Minimum:
$1.50 per $1,000 of Cash
Value |
Representative: the younger Insured is
Attained Age 85 with a Cash Value of
$500,000 |
Upon invoking the Rider |
$32 per $1,000 of Cash Value |
Periodic Charges Other than Annual Underlying Mutual Fund
Expenses | |||
Base Contract Charges | |||
Charge |
When Charge is
Deducted |
Amount Deducted | |
Cost of Insurance Charge† |
Monthly |
Maximum:
$83.34 per $1,000 of Net
Amount At Risk |
Minimum:
$0.01 per $1,000 of Net
Amount At Risk |
Representative: male, Issue Age 55, non-
tobacco and female, Issue Age 55, non-
tobacco, Total Specified Amount and Base
Policy Specified Amount $1,000,000,
Death Benefit Option 1 and policy year
one |
Monthly |
$0.01 per $1,000 of Net Amount At Risk | |
Flat Extra Charge1 |
Monthly |
Maximum:
$2.08 per $1,000 of Net Amount At Risk for each Flat
Extra assessed | |
Mortality and Expense Risk Charge |
Monthly |
Maximum:
$0.67 per $1,000 of Cash Value allocated to the Sub-
Accounts | |
Administrative Per Policy Charge |
Monthly |
Maximum:
$20.00 per policy |
Currently:
$15.00 per policy |
Underwriting and Distribution Charge† |
Monthly |
Maximum:
$0.74 per $1,000 of
Base Policy Specified
Amount |
Minimum:
$0.03 per $1,000 of Base
Policy Specified Amount |
Representative: male, Issue Age 55, non-
tobacco and female, Issue Age 55, non-
tobacco, Base Policy Specified Amount
$1,000,000, Death Benefit Option 1 and
policy year one |
Monthly |
$0.18 per $1,000 of Base Policy Specified Amount | |
Policy Loan Interest Charge2 |
Annually
and at the time of certain
events and transactions |
Maximum:
3.90% of Indebtedness | |
Optional Benefit Charges | |||
Charge |
When Charge is
Deducted |
Amount Deducted | |
Adjusted Sales Load Life Insurance
Rider Charge |
Monthly |
Maximum for each 1% of Premium Load
replaced: $0.14 for each $1,000 of
aggregate Premiums |
Currently for each 1% of Premium Load
replaced: $0.14 for each $1,000 of
aggregate Premiums |
Four Year Term Insurance Rider
Charge† |
Monthly |
Maximum:
$83.34 per $1,000 of
Rider
Death Benefit |
Minimum: $0.01 per $1,000 of
Rider Death Benefit |
Optional Benefit Charges | |||
Representative: male, Issue Age 55, non-
tobacco and female, Issue Age 55, non-
tobacco, Total Specified Amount and Base
Policy Specified Amount $1,000,000,
Death Benefit Option 1 and policy year
one |
Monthly |
$0.01 per $1,000 of Rider Death Benefit | |
Additional Term Insurance Rider
Charge† |
Monthly |
Maximum:
$83.34 per $1,000 of Rider Death
Benefit |
Minimum:
$0.01 per $1,000 of
Rider Death Benefit |
Representative: male, Issue Age 55, non-
tobacco and female, Issue Age 55, non-
tobacco, Total Specified Amount and Base
Policy Specified Amount $1,000,000,
Death Benefit Option 1 and policy year
one |
Monthly |
$0.01 per $1,000 of Rider Death Benefit | |
Policy Split Option Rider Charge† |
Monthly |
Maximum:
$0.03 per $1,000 of Total
Specified Amount |
Minimum:
$0.01 per $1,000 of
Total Specified Amount |
Representative: male, Issue Age 55, non-
tobacco and female, Issue Age 55, non-
tobacco, Total Specified Amount and Base
Policy Specified Amount $1,000,000,
Death Benefit Option 1 and policy year
one |
Monthly |
$0.03 per $1,000 of Total Specified Amount | |
Extended Death Benefit Guarantee Rider
Charge† |
Monthly |
Maximum:
$0.16 per $1,000 of Base Policy
Specified Amount covered by Rider |
Minimum:
$0.02 per $1,000 of Base
Policy Specified Amount covered by
Rider |
Representative: male, Issue Age 55, non-
tobacco and female, Issue Age 55, non-
tobacco, Total Specified Amount and Base
Policy Specified Amount $1,000,000,
Death Benefit Option 1, in the first policy
year, Extended Death Benefit Guarantee
Percentage of 100%, a lifetime Extended
Death Benefit Guarantee Duration |
Monthly |
$0.12 per $1,000 of Base Policy Specified Amount covered by Rider |
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.) |
0.11% |
4.26% |
Trading Behavior |
Nationwide's Response |
Six or more transfer events within
one calendar quarter |
Nationwide 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 transfer 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 transfer events within one
calendar year |
Nationwide will automatically limit the Policy Owner to submitting transfer requests via U.S.
mail. |
Name of Benefit |
Purpose |
Is Benefit
Standard or
Optional |
Brief Description of Restrictions/Limitations
|
Guaranteed Policy
Continuation |
During the Initial Death
Benefit Guarantee
Period, the policy will
not Lapse if premium
requirements are
satisfied |
Standard |
• The Monthly Initial Death Benefit Guarantee Premium can change due to action by the policy owner • When the Initial Death Benefit Guarantee Period
ends, the policy may be at risk of Lapse
See Guaranteed Policy Continuation Provision |
Dollar Cost Averaging |
Long-term transfer
program involving
automatic transfer of
assets |
Standard |
• Transfers are only permitted from the Fixed Account and a limited number of Sub-Accounts • Transfers may not be directed to the Fixed Account
• Transfers from the Fixed Account must be no more than 1/30th of the Fixed Account value at the time the program is elected • Nationwide may modify, suspend, or discontinue
these programs at any time
• Transfers are only made monthly See Policy Owner Services |
Enhanced Dollar Cost
Averaging |
Long-term transfer
program involving
automatic transfer of
Fixed Account
allocations with higher
interest crediting rate |
Standard |
• Only available at the time of application, and only initial Premium is eligible for the program • Transfers are only permitted from the Fixed Account
• Transfers are only made monthly and only for the first policy year See Policy Owner Services |
Asset Rebalancing |
Automatic reallocation
of assets on a
predetermined
percentage basis |
Standard |
• Assets in the Fixed Account are excluded from the
program
• Rebalances only permitted on a three, six, and 12 month schedule See Policy Owner Services |
Name of Benefit |
Purpose |
Is Benefit
Standard or
Optional |
Brief Description of Restrictions/Limitations
|
Automated Income
Monitor |
Systematic partial
surrender and/or policy
loan program to take an
income stream of
scheduled payments
from the Cash Value |
Standard |
• Only available to policies that are not modified endowment contracts • Policy owners are responsible for monitoring the
policy to prevent Lapse
• Program will terminate upon the occurrence of specified events • Nationwide may modify, suspend, or discontinue the
program at any time
See Policy Owner Services |
Overloan Lapse
Protection Rider |
Prevent the policy from
Lapsing due to
Indebtedness |
Optional |
• Only available for policies for which the guideline premium/cash value corridor life insurance qualification test is elected • Subject to eligibility requirements to invoke the
Rider
• Election to invoke is irrevocable • Once invoked, all other Riders terminate (except the
Additional Term Insurance Rider, if applicable)
• Cash Value will be transferred to the Fixed Account and may not be transferred out • No further loans or partial surrenders may be taken
from the policy |
Adjusted Sales Load
Life Insurance Rider |
Replacement of all or a
portion of Premium
Load with a monthly
Rider charge |
Optional |
• Only available at the time of application • A Premium Load is assessed on any amount that is
not replaced by the Rider
• The aggregate monthly Rider charges will be greater than the amount Nationwide would have deducted as Premium Load • If the policy terminates within the first 10 policy
years, Nationwide will deduct an amount from the
Cash Surrender Value to compensate for the
Premium Load replaced, but not recovered, as a
Rider charge |
Policy Split Option Rider |
Allows policy owner to
exchange the policy for
two non-term individual
life insurance policies
without additional
evidence of insurability |
Optional |
• Only available for election at the time of application • Can only be invoked upon the occurrence of one of
two limited events: certain marriage terminations or
certain federal tax law changes
• The Policy owner must provide Nationwide with written notice of a qualifying event within 12 months of its occurrence • Cannot be invoked during a Grace Period, after one
Insured has died, or when the older Insured
reaches Attained Age 80 |
Additional Term
Insurance Rider |
Provides term life
insurance on the
Insured, in addition to
that under the base
policy |
Optional |
• Available for post-issue election until the Insured
reaches Attained Age 85
• If purchase after the Policy Date, evidence of insurability is required |
Name of Benefit |
Purpose |
Is Benefit
Standard or
Optional |
Brief Description of Restrictions/Limitations
|
No Charge Four Year
Term Insurance Rider |
Adds 122.22% of the
Total Specified Amount
to the Death Benefit |
Optional |
• Automatically added to policies that meet the underwriting requirements • Rider benefit is limited to 122.22% of the Total
Specified Amount on the Policy Date reduced by
any decreases
• Both Insureds must die while the Policy is In Force and within four years of the Policy Date • If either Insured commits suicide within two years
from the Policy Date, the benefit will be limited to
the Rider’s Death Benefit will not be paid and the
Rider will terminate
• The policy owner may not change, increase, or decrease the No Charge Four Year Term Insurance Rider Specified Amount • The Rider terminates if either the Extended Death
Benefit Guarantee Rider or the Policy Split Option
Rider is invoked |
Four Year Term
Insurance Rider |
Adds an elected amount
up to 122.22% of the
Total Specified Amount
to the Death Benefit |
Optional |
• Rider only available to be elected at the time of application • Only available if the policy is not eligible for the No
Charge Four Year Term Insurance Rider
• Rider benefit limited to the elected percentage of the Total Specified Amount on the Policy Date reduced by any decreases • Both Insureds must die while the Policy is In Force
and within four years of the Policy Date
• If either Insured commits suicide within two years from the Policy Date, the benefit will be limited to the total charge deducted for this Rider • The policy owner may not change, increase, or
decrease the Four Year Term Insurance Rider
Specified Amount
• The Rider terminates if either the Extended Death Benefit Guarantee Rider or the Policy Split Option Rider is invoked |
Extended Death Benefit
Guarantee Rider |
Provides additional
Lapse protection
beyond the protection
provided under the
Guaranteed Policy
Continuation Provision of the policy |
Optional |
• Rider only available to be elected at the time of
application and irrevocable
• For the Lapse protection provided by this Rider to be available, one of two Net Accumulated Premium tests must be met • If at any time after the 10th policy year the policy
owner fails the 10-Year Paid-Up testing method,
that method of testing will no longer be used
• The Guarantee Amount must be between 50% and 100% of the Base Policy Specified Amount • Minimum Guarantee Duration that may be elected
is 20 years, maximum is to the younger Insured’s
Attained Age 120
• Available investment options will be limited |
Policy Year |
Percentage of all Premium
paid |
1-15 |
6.5
% |
16+ |
4.5
% |
Policy Year |
Percentage of Premium paid up to the
Commissionable Target Premium amount |
Percentage of Premium paid in
excess of the Commissionable Target Premium amount |
1-15 |
4.5
% |
1.5
% |
16+ |
2.5
% |
1.5
% |
|
Policy Years 1-15 |
Policy Years 16-20 |
Policy Years 21+ |
Charge for all Variable Cash Value |
$8.00
per $1,000 |
$5.00
per $1,000 |
$3.00 per
$1,000 |
|
Policy Years 1-15 |
Policy Years 16-20 |
Policy Years 21+ |
Charge for first $250,000 of Variable Cash Value |
$8.00
per $1,000 |
$5.00
per $1,000 |
$0.00 per
$1,000 |
Charge for Variable Cash Value in excess of $250,000 |
$5.00
per $1,000 |
$5.00
per $1,000 |
$0.00 per
$1,000 |
Example: |
Assume a policy is currently In Force and the following: |
• Insured’s Attained Age is 75 |
• Policy is in its 27th policy year |
• Death Benefit Option 1 |
• Total Specified Amount: $700,000 |
• Indebtedness: $627,000 |
• Cash Value: $660,000 |
• Applicable age-based factor for determining rider charge:
4.60%* |
* Rate is subject to change based on policy |
Using the above assumptions, a decision to invoke the Rider would impact the policy as
follows: |
(1) The death benefit option will remain at Death Benefit Option 1. |
(2) The one-time charge for invoking the Rider will be $30,360 ($660,000 x 4.60%) and will
be deducted from the Cash Value, reducing the Cash Value to $629,640.
|
(3) The Total Specified Amount will remain at $700,000 since it is less than the Minimum
Required Death Benefit of $712,611.90. |
(4) The non-loaned Cash Value $2,640 ($629,640 - $627,000) will be transferred to the
Fixed Account where it will earn at least the minimum guaranteed fixed interest
rate. |
(5) The policy loan account ($627,000) will continue to earn interest at the policy's loan
crediting rate. |
(6) The Indebtedness ($627,000) will continue to grow at the policy's loan interest charged
rate. |
(7) After this Rider is invoked, no other changes to the policy can be made |
Example: |
Assume the policy owner anticipated making Premium payments for five years. Therefore,
the policy owner could expect to have the Rider charge assessed for 14 years (nine
years plus five years). However, the policy owner actually makes the last
Premium payment in policy year three and does not make any additional
Premium payments. Since the policy owner did not get full "use" of the
Rider (the policy owner only received three years worth of Premium Load
replacement), the Rider charge will only be assessed for 12 policy years
(nine years plus the three years' worth of benefit received). |
Policy Year |
Percentage |
1 |
100
% |
2 |
90
% |
3 |
80
% |
4 |
70
% |
5 |
60
% |
6 |
50
% |
7 |
40
% |
8 |
30
% |
9 |
20
% |
10 |
10
% |
11
and later |
0
% |
Example: |
Assume the policy owner elected to replace the Premium Load for seven years. During the
fifth policy year, the policy owner terminates the policy. During the five years the
policy was In Force, $10,000 of Premium was paid. The amount of Premium
Load that the Rider replaced is $400 ($40 for each $1,000 of Premium).
Therefore, Nationwide will deduct $240 (60% of $400) from the
policy’s Cash Surrender Value. |
Example: |
Assume both Insureds are living, the Rider was elected at the time of application, one of
the two events described above has occurred, and the following: |
• Total Specified Amount of the initial policy: $500,000 |
• Cash Value of the initial policy: $60,000 |
This Rider allows the initial policy to be terminated and two new separate individual life
insurance policies be issued on each Insured as follows: |
Policy 1, insuring Insured 1 |
• Total Specified Amount = Total Specified Amount of initial policy x 50% =
$500,000 x 50% = $250,000 |
• Premium Applied = Cash Value of initial policy x 50% = $60,000 x 50% =
$30,000 |
Policy 2, insuring Insured 2 |
• Total Specified Amount = Total Specified Amount of initial policy x 50% =
$500,000 x 50% = $250,000 |
• Premium Applied = Cash Value of initial policy x 50% = $60,000 x 50% =
$30,000 |
Example: |
Assume the Base Policy Specified Amount is $500,000, Death Benefit Option 2, the Cash
Value is $40,000 and the Additional Term Insurance Rider Specified Amount is $300,000.
Upon the death of the Insured, if there is no Indebtedness and no
Long-Term Care benefits have been paid, the Death Benefit Proceeds under
the base policy will be $540,000 and the Additional Term Insurance Death
Benefit Proceeds will be $300,000, for a total of $840,000. |
Example: |
Assume the following: |
• Base Specified Amount is $500,000 |
• Death Benefit Option 2 |
• Cash Value is $40,000 |
• No Charge Four Year Term Insurance Rider Specified Amount is $611,100
($500,000 x 122.22%) |
• No Indebtedness |
• No Long-Term Care benefits have been paid |
• Neither the Extended Death Benefit Guarantee Rider nor the Policy Split
Option Rider has been invoked |
If both Insureds die within the first four policy years, and neither Insured committed suicide
within the first two years from the Policy Date , the Death Benefit under the base
policy will be $540,000 and the Death Benefit under the No Charge Four
Year Term Insurance Rider will be $611,100, for a total Death Benefit of
$1,151,100. |
Example: |
Assume the following: |
• Base Specified Amount is $500,000 |
• Death Benefit Option 2 |
• Cash Value is $40,000 |
• Four Year Term Insurance Rider Specified Amount is $611,100 ($500,000 x
122.22%) |
• No Indebtedness |
• No Long-Term Care benefits have been paid |
• Neither the Extended Death Benefit Guarantee Rider nor the Policy Split
Option Rider have been invoked |
If both Insureds die within the first four policy years and neither Insured committed suicide
within the first two years from the Policy Date, the Death Benefit under the base
policy will be $540,000 and the Death Benefit under the Four Year Term
Insurance Rider will be $611,100, for a total Death Benefit of
$1,151,100. |
Example: |
Assume the Extended Death Benefit Guarantee Rider has not otherwise terminated, the
policy is year 11, the policy would enter a Grace Period if the Rider was not In Force,
and the following: |
• Base Policy Specified Amount is $500,000 |
• Extended Death Benefit Guarantee Percentage is 50% |
• Guarantee Duration is 50 years |
• Net Accumulated Premium is $100,000 |
• Required Net Accumulated Premium under the 10-Year Paid-Up Method is
$100,000 |
• Indebtedness is $0.00 |
Since the required Net Accumulated Premium under the 10-Year Paid-Up Method is equal
to or greater than the Net Accumulated Premium, this test is satisfied, and the policy
will remain In Force. Assuming no future loans or partial surrenders are
taken, the policy will remain In Force up to policy year 50.
Extended Death Benefit Guarantee Coverage Amount: $500,000 x 50% =
$250,000 |
Example: |
Assume the Extended Death Benefit Guarantee Rider has not otherwise terminated, the
policy is year 21, month 1, the policy would enter a Grace Period if the Rider was not
In Force, and the following: |
• Base Policy Specified Amount is $500,000 |
• Extended Death Benefit Guarantee Percentage is 50% |
• Guarantee Duration is 50 years |
• Net Accumulated Premium is $125,000 |
• Indebtedness is $0.00 |
• Extended Death Benefit Guarantee Monthly Premium is $200
|
• The required Net Accumulated Premium under the Monthly Premium Method is
$200 x {[21 (Policy Year) – 1] x 12 + 1 (Policy
Month)} |
= $200 x {[20] x 12 + 1} |
= $200 x {240 + 1} |
= $200 x {241} |
= $48,200 |
Since the required Net Accumulated Premium under the Monthly Premium Method is equal
to or greater than the Net Accumulated Premium, this test is satisfied, and the policy
will remain In Force up to policy year 50.
Extended Death Benefit Guarantee Coverage Amount: $500,000 x 50% =
$250,000 |
Example: |
Policy Owner elects to participate in Dollar Cost Averaging and has transferred $30,000 to
the Fixed Account, which will serve as the source investment option for her Dollar Cost
Averaging program. She would like the Dollar Cost Averaging transfers to
be allocated as follows: $1,500 to Sub-Account L and $1,000 to
Sub-Account M. Each month, Nationwide will automatically transfer $2,500
from the Fixed Account and allocate $1,000 to Sub- Account M and $1,500 to
Sub-Account L until the Fixed Account is depleted. |
Beginning of Month |
Fraction of Cash Value
Transferred |
2 |
1/11 |
3 |
1/10 |
4 |
1/9 |
5 |
1/8 |
6 |
1/7 |
7 |
1/6 |
8 |
1/5 |
9 |
1/4 |
10 |
1/3 |
11 |
1/2 |
12 |
Remaining
Amount |
Example: |
At the time of application, the Policy Owner elects to participate in Enhanced Dollar Cost
Averaging and submits an initial Premium of $25,000 to be allocated to the Fixed
Account, which will receive an enhanced interest crediting rate. He would
like the Enhanced Dollar Cost Averaging transfers to be allocated as
follows: 40% to Sub-Account L and 60% to Sub- Account M. Each month,
Nationwide will automatically transfer Cash Value to the selected
Sub-Accounts based on the schedule above (1/11 of the Cash Value will be transferred at
the beginning of month 2; 1/10 of the Cash Value will be transferred at
the beginning of month 3; etc.). |
Example: |
Policy Owner elects to participate in Asset Rebalancing and has instructed his Cash Value
be allocated as follows and rebalanced on a quarterly basis: 40% to Sub-Account A, 40%
to Sub-Account B, and 20% to Sub-Account C. Each quarter, Nationwide will
automatically rebalance Policy Owner’s Cash Value by transferring
Cash Value among the three elected Sub-Accounts so that his 40%/40%/20%
allocation remains intact. |
Example: |
Assume: |
• Insured’s Issue Age was 45. |
• Policy owner paid Premiums totaling $490,000 during the first 25 policy
years. |
• Just prior to policy year 26 (Attained Age 70) the policy’s Cash
Value is just over $1,000,000 and the Investment in the Contract is
$490,000. |
• The policy owner completes an Automated Income Monitor election form and
chooses a 5% gross rate of return, a goal of $100,000 Cash Surrender
Value at Attained Age 95 and the Fixed Duration option for 25
years. |
• The first AIM In Force illustration is run that solves for an annual
income amount at an assumed 5% gross rate of return and a goal of at
least $100,000 of Cash Surrender Value at Attained Age 95. The result
of the solve is an annual income amount of $66,720. |
A partial surrender of $66,720 will be processed and sent to the policy owner. Each year
thereafter, if the Automated Income Monitor program has not been terminated, another
illustration will be run with the same assumptions and income solve. The
appropriate partial surrender amount based on each solve will be
processed. This will continue until the entire $490,000 Investment in the
Contract has been distributed through partial surrenders, then the income
amounts will be processed as loans. |
Example: |
Assume the following: |
• The policy’s Cash Value is $43,000 and it is allocated entirely to
the Sub-Accounts. |
• There is no existing Indebtedness. |
• The Policy Owner has requested a $6,000 policy loan at the beginning of
the first Policy Year. |
*For reference, the maximum policy loan would be $38,700 = $43,000 x 90% - $0.00
(Indebtedness) |
Once the $6,000 loan is approved, $6,000 is paid directly to the Policy Owner from
Nationwide. $6,000 is transferred from the Sub-Accounts to the policy loan account.
This serves as collateral for Nationwide. The policy’s Indebtedness
on the day of the loan is $6,000. |
• At the end of the first Policy Year, assume the only loan the Policy Owner
requested was the $6,000 loan. Assuming the Policy Owner has not made
any loan repayments, the Indebtedness at the end of the next occurring
policy anniversary is $6,120 due to $120 of accrued loan interest
during the year ($6,000 + $120 = $6,120). Should a claim for the Death
Benefit Proceeds be made, the Proceeds would be reduced by the $6,120
Indebtedness. |
• Assuming no loan repayments are ever made, Indebtedness continues to
accrue interest. All unpaid loan interest will also be treated as new
policy loans and loan interest will continue to accumulate as
Indebtedness |
• If the Policy Owner submits a loan repayment, the amount of the loan
repayment will be transferred from the policy loan account and credited
to the Cash Value. |
• If any Indebtedness exists when the Surrender Proceeds or Death Benefit
Proceeds become payable, the Proceeds will be reduced by the total
Indebtedness. |
Younger Insured's Attained Age at
Policy Issuance: |
18-69 |
70 or older |
Duration of Initial Death Benefit
Guarantee Period: |
the lesser of 20 policy years
or to the Younger
Insured's Attained Age 75 |
five policy years |
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 |
AllianceBernstein Variable Products Series Fund, Inc. - AB VPS
Discovery Value Portfolio: Class A
Investment Advisor: AllianceBernstein L.P. |
0.81% |
17.18% |
10.78% |
7.55% |
Allocation |
AllianceBernstein Variable Products Series Fund, Inc. - AB VPS
Dynamic Asset Allocation Portfolio: Class
A This Sub-Account is only available in policies issued before May 1,
2014
Investment Advisor: AllianceBernstein L.P. |
0.85%* |
13.70% |
4.29% |
3.47% |
Equity |
AllianceBernstein Variable Products Series Fund, Inc. - AB VPS
International Value Portfolio: Class B
This Sub-Account is only available in policies issued before May 1,
2020
Investment Advisor: AllianceBernstein L.P. |
1.15% |
14.83% |
5.55% |
1.83% |
Equity |
AllianceBernstein Variable Products Series Fund, Inc. - AB VPS
Sustainable Global Thematic Portfolio: Class B
(formerly, AllianceBernstein Variable Products
Series Fund, Inc. - AB VPS Sustainable Global
Thematic Growth Portfolio: Class B) Investment Advisor:
AllianceBernstein L.P. |
1.17%* |
15.70% |
13.27% |
9.33% |
Equity |
Allspring Variable Trust - VT Small Cap Growth Fund: Class
2 This Sub-Account is only available in policies issued before May 1,
2013
Investment Advisor: Allspring Funds Management, LLC
Sub-Advisor: Allspring Global Investments, LLC |
1.17% |
4.11% |
7.68% |
6.60% |
Equity |
American Funds Insurance Series® - Global Small
Capitalization Fund: Class 4
Investment Advisor: Capital Research and Management Company |
1.16%* |
15.79% |
8.03% |
5.51% |
Fixed Income |
American Funds Insurance Series® - U.S. Government
Securities Fund: Class 2
Investment Advisor: Capital Research and Management Company |
0.49%* |
2.89% |
1.04% |
1.52% |
Equity |
American Funds Insurance Series® - Washington Mutual
Investors Fund: Class 4
Investment Advisor: Capital Research and Management Company |
0.75%* |
16.97% |
12.33% |
9.64% |
Fixed Income |
BlackRock Variable Series Funds II, Inc. - BlackRock High Yield
V.I. Fund: Class I
Investment Advisor: BlackRock Advisors, LLC
Investment Sub-Advisor: BlackRock International Limited |
0.56%* |
13.21% |
5.75% |
4.46% |
Allocation |
BlackRock Variable Series Funds, Inc. - BlackRock Global
Allocation V.I. Fund: Class I
Investment Advisor: BlackRock Advisors, LLC
Investment Sub-Advisor: BlackRock International Limited and
BlackRock (Singapore) Limited |
0.76%* |
12.83% |
7.65% |
4.88% |
Type |
Underlying Mutual Fund and Adviser/
Subadviser |
Current
Expenses |
Average Annual Total Returns
(as of 12/31/2023) | ||
1 year |
5 year |
10 year | |||
Allocation |
BlackRock Variable Series Funds, Inc. - BlackRock Global
Allocation V.I. Fund: Class II
This Sub-Account is no longer available to receive transfers or new
premium payments effective May 1, 2012
Investment Advisor: BlackRock Advisors, LLC
Sub-Advisor: BlackRock International Limited and BlackRock
(Singapore) Limited |
0.92%* |
12.60% |
7.49% |
4.72% |
Equity |
BNY Mellon Investment Portfolios - Small Cap Stock Index
Portfolio: Service Shares
This Sub-Account is only available in policies issued before May 1,
2013
Investment Advisor: BNY Mellon Investment Adviser, Inc. |
0.60%* |
15.39% |
10.40% |
8.04% |
Equity |
BNY Mellon Stock Index Fund, Inc.: Initial Shares
This Sub-Account is only available in policies issued before May 1,
2013
Investment Advisor: BNY Mellon Investment Adviser, Inc.
Sub-Advisor: Mellon Investments Corporation |
0.27% |
25.93% |
15.38% |
11.75% |
Equity |
Delaware VIP Trust - Macquarie VIP Small Cap Value Series:
Service Class (formerly, Delaware VIP Trust -
Delaware VIP Small Cap Value Series: Service
Class) Investment Advisor: Delaware Management Company, a series of
Macquarie Investment Management Business Trust (a Delaware
statutory trust)
Investment Sub-Advisor: Macquarie Investment Management Global
Limited |
1.08% |
9.10% |
9.87% |
6.77% |
Allocation |
Deutsche DWS Variable Series II - DWS Global Income Builder
VIP: Class A
Investment Advisor: DWS Investment Management Americas, Inc. |
0.66% |
14.89% |
7.12% |
5.19% |
Fixed Income |
DFA Investment Dimensions Group Inc. - VA Global Bond
Portfolio
Investment Advisor: Dimensional Fund Advisors LP
Investment Sub-Advisor: Dimensional Fund Advisors Ltd., DFA
Australia Limited |
0.21% |
5.05% |
0.58% |
1.29% |
Allocation |
DFA Investment Dimensions Group Inc. - VA Global Moderate
Allocation Portfolio: Institutional
Class Investment Advisor: Dimensional Fund Advisors LP
|
0.28%* |
14.72% |
8.93% |
6.07% |
Equity |
DFA Investment Dimensions Group Inc. - VA International Small
Portfolio
Investment Advisor: Dimensional Fund Advisors LP
Investment Sub-Advisor: Dimensional Fund Advisors Ltd., DFA
Australia Limited |
0.40% |
14.11% |
7.86% |
4.89% |
Equity |
DFA Investment Dimensions Group Inc. - VA International Value
Portfolio
Investment Advisor: Dimensional Fund Advisors LP
Investment Sub-Advisor: Dimensional Fund Advisors Ltd., DFA
Australia Limited |
0.27% |
17.86% |
8.87% |
4.16% |
Fixed Income |
DFA Investment Dimensions Group Inc. - VA Short-Term Fixed
Portfolio
Investment Advisor: Dimensional Fund Advisors LP
Investment Sub-Advisor: Dimensional Fund Advisors Ltd., DFA
Australia Limited |
0.12% |
4.98% |
1.33% |
1.05% |
Equity |
DFA Investment Dimensions Group Inc. - VA U.S. Large Value
Portfolio
Investment Advisor: Dimensional Fund Advisors LP |
0.21% |
10.92% |
10.71% |
8.10% |
Equity |
DFA Investment Dimensions Group Inc. - VA U.S. Targeted Value
Portfolio
Investment Advisor: Dimensional Fund Advisors LP |
0.29% |
20.03% |
15.40% |
9.00% |
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 |
DFA Investment Dimensions Group Inc. - VIT Inflation-Protected
Securities Portfolio: Institutional
Class Investment Advisor: Dimensional Fund Advisors LP
Investment Sub-Advisor: Dimensional Fund Advisors Ltd., DFA
Australia Limited |
0.11% |
4.02% |
3.10% |
|
Fixed Income |
Federated Hermes Insurance Series - Federated Hermes Quality
Bond Fund II: Primary Shares
This Sub-Account is only available in policies issued before May 1,
2018
Investment Advisor: Federated Investment Management Company |
0.74%* |
6.14% |
2.36% |
2.25% |
Equity |
Fidelity Variable Insurance Products - Emerging Markets
Portfolio: Service Class
Investment Advisor: Fidelity Management & Research Company LLC
(FMR)
Investment Sub-Advisor: FMR UK, FMR HK, FMR Japan, FIA, and
FIA(UK) |
0.99% |
9.61% |
7.69% |
5.08% |
Allocation |
Fidelity Variable Insurance Products Fund - Fidelity VIP Freedom
Fund 2010 Portfolio: Service Class
This Sub-Account is only available in policies issued before May 1,
2013
Investment Advisor: Fidelity Management & Research Company LLC
(FMR) |
0.50% |
9.28% |
5.43% |
4.45% |
Allocation |
Fidelity Variable Insurance Products Fund - Fidelity VIP Freedom
Fund 2020 Portfolio: Service Class
This Sub-Account is only available in policies issued before May 1,
2013
Investment Advisor: Fidelity Management & Research Company LLC
(FMR) |
0.57% |
12.34% |
7.38% |
5.63% |
Allocation |
Fidelity Variable Insurance Products Fund - Fidelity VIP Freedom
Fund 2030 Portfolio: Service Class
This Sub-Account is only available in policies issued before May 1,
2013
Investment Advisor: Fidelity Management & Research Company LLC
(FMR) |
0.62% |
14.56% |
9.17% |
6.75% |
Equity |
Fidelity Variable Insurance Products Fund - VIP Contrafund®
Portfolio: Service 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 |
0.66% |
33.34% |
16.54% |
11.50% |
Equity |
Fidelity Variable Insurance Products Fund - VIP Energy Portfolio:
Service Class 2
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 |
0.86% |
0.70% |
13.36% |
2.37% |
Equity |
Fidelity Variable Insurance Products Fund - VIP Equity-Income
Portfolio: Service 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 |
0.57% |
10.53% |
12.18% |
8.47% |
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 |
Fidelity Variable Insurance Products Fund - VIP Growth Portfolio:
Service 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 |
0.68% |
36.09% |
19.52% |
14.68% |
Fixed Income |
Fidelity Variable Insurance Products Fund - VIP Investment
Grade Bond Portfolio: Service 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 |
0.48% |
6.12% |
1.87% |
2.24% |
Equity |
Fidelity Variable Insurance Products Fund - VIP Mid Cap
Portfolio: Service Class
This Sub-Account is only available in policies issued before May 1,
2017
Investment Advisor: Fidelity Management & Research Company LLC
(FMR)
Sub-Advisor: FMR Investment Management (UK) Limited, Fidelity
Management & Research (Hong Kong) Limited and Fidelity
Management & Research (Japan) Limited |
0.67% |
15.00% |
12.34% |
8.02% |
Equity |
Fidelity Variable Insurance Products Fund - VIP Overseas
Portfolio: Service Class
Investment Advisor: Fidelity Management & Research Company LLC
(FMR)
Investment Sub-Advisor: FMR UK, FMR HK, FMR Japan, FIA, and
FIA(UK) |
0.83% |
20.41% |
9.87% |
4.80% |
Equity |
Fidelity Variable Insurance Products Fund - VIP Real Estate
Portfolio: Service Class
This Sub-Account is only available in policies issued before May 1,
2023
Investment Advisor: Fidelity Management & Research Company LLC
(FMR)
Sub-Advisor: FMR Investment Management (UK) Limited, Fidelity
Management & Research (Hong Kong) Limited and Fidelity
Management & Research (Japan) Limited |
0.70% |
11.09% |
5.12% |
5.93% |
Equity |
Fidelity Variable Insurance Products Fund - VIP Value Strategies
Portfolio: Service Class 2
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 |
0.85% |
20.61% |
16.63% |
9.10% |
Allocation |
Franklin Templeton Variable Insurance Products Trust - Franklin
Allocation VIP Fund: Class 1
This Sub-Account is only available in policies issued before May 1,
2013
Investment Advisor: Franklin Advisers, Inc.
Sub-Advisor: Brandywine Global Investment Management, LLC
(Brandywine); ClearBridge Investments, LLC (ClearBridge); Franklin
Templeton Institutional, LLC (FT Institutional); Templeton Global
Advisors Limited (Global Advisors) |
0.57%* |
14.77% |
7.82% |
5.00% |
Type |
Underlying Mutual Fund and Adviser/
Subadviser |
Current
Expenses |
Average Annual Total Returns
(as of 12/31/2023) | ||
1 year |
5 year |
10 year | |||
Allocation |
Franklin Templeton Variable Insurance Products Trust - Franklin
Allocation VIP Fund: Class 2
This Sub-Account is no longer available to receive transfers or new
premium payments effective May 1, 2012
Investment Advisor: Franklin Advisers, Inc.
Sub-Advisor: Brandywine Global Investment Management, LLC
(Brandywine); ClearBridge Investments, LLC (ClearBridge); Franklin
Templeton Institutional, LLC (FT Institutional); Templeton Global
Advisors Limited (Global Advisors) |
0.82%* |
14.61% |
7.57% |
4.75% |
Allocation |
Franklin Templeton Variable Insurance Products Trust - Franklin
Income VIP Fund: Class 1
This Sub-Account is only available in policies issued before May 1,
2022
Investment Advisor: Franklin Advisers, Inc. |
0.46%* |
8.87% |
7.25% |
5.28% |
Allocation |
Franklin Templeton Variable Insurance Products Trust - Franklin
Income VIP Fund: Class 2
This Sub-Account is no longer available to receive transfers or new
premium payments effective May 1, 2012
Investment Advisor: Franklin Advisers, Inc. |
0.71%* |
8.62% |
6.98% |
5.01% |
Equity |
Franklin Templeton Variable Insurance Products Trust - Franklin
Small Cap Value VIP Fund: Class 1
This Sub-Account is only available in policies issued before May 1,
2013
Investment Advisor: Franklin Mutual Advisers, LLC |
0.66%* |
13.02% |
11.34% |
7.31% |
Equity |
Franklin Templeton Variable Insurance Products Trust -
Templeton Foreign VIP Fund: Class 2
This Sub-Account is only available in policies issued before April 30,
2014
Investment Advisor: Templeton Investment Counsel, LLC |
1.07%* |
20.76% |
5.27% |
1.28% |
Fixed Income |
Franklin Templeton Variable Insurance Products Trust -
Templeton Global Bond VIP Fund: Class
1 This Sub-Account is only available in policies issued before May 1,
2019
Investment Advisor: Franklin Advisers, Inc. |
0.50%* |
3.19% |
-1.89% |
-0.41% |
Fixed Income |
Franklin Templeton Variable Insurance Products Trust -
Templeton Global Bond VIP Fund: Class
2 This Sub-Account is no longer available to receive transfers or new
premium payments effective April 30, 2014
Investment Advisor: Franklin Advisers, Inc. |
0.75%* |
2.88% |
-2.13% |
-0.66% |
Alternative |
Goldman Sachs Variable Insurance Trust - Goldman Sachs
Multi- Strategy Alternatives Portfolio: Service
Shares Investment Advisor: Goldman Sachs Asset Management,
L.P. |
1.21%* |
7.77% |
4.16% |
|
Allocation |
Goldman Sachs Variable Insurance Trust - Goldman Sachs Trend
Driven Allocation Fund: Service Shares
This Sub-Account is only available in policies issued before May 1,
2014
Investment Advisor: Goldman Sachs Asset Management, L.P. |
0.97%* |
15.57% |
4.81% |
3.41% |
Allocation |
Invesco - Invesco V.I. Balanced-Risk Allocation Fund: Series I
Shares
Investment Advisor: Invesco Advisers, Inc. |
0.88%* |
6.63% |
4.90% |
4.03% |
Equity |
Invesco - Invesco V.I. Discovery Mid Cap Growth Fund: Series
I This Sub-Account is only available in policies issued before April
30, 2020
Investment Advisor: Invesco Advisers, Inc. |
0.87% |
13.15% |
12.77% |
9.79% |
Equity |
Invesco - Invesco V.I. Global Fund: Series I
This Sub-Account is only available in policies issued before May 1,
2023
Investment Advisor: Invesco Advisers, Inc. |
0.82% |
34.73% |
12.30% |
8.47% |
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 |
Invesco - Invesco V.I. Main Street Mid Cap Fund: Series I
Shares This Sub-Account is only available in policies issued before
May 1, 2013
Investment Advisor: Invesco Advisers, Inc. |
0.94% |
14.47% |
10.61% |
6.73% |
Equity |
Invesco - Invesco V.I. Main Street Small Cap Fund: Series
I Investment Advisor: Invesco Advisers, Inc. |
0.88% |
18.13% |
13.07% |
8.93% |
Equity |
Invesco Oppenheimer V.I. International Growth Fund: Series
I This Sub-Account is only available in policies issued before May 1,
2023
Investment Advisor: Invesco Advisers, Inc. |
1.00%* |
21.06% |
8.72% |
3.80% |
Allocation |
Ivy Variable Insurance Portfolios - Macquarie VIP Asset Strategy
Series: Service Class (formerly, Ivy Variable
Insurance Portfolios - Delaware Ivy Asset Strategy:
Class II) This Sub-Account is only available in policies issued
before May 1, 2017
Investment Advisor: Delaware Management Company, a series of
Macquarie Investment Management Business Trust (a Delaware
statutory trust)
Sub-Advisor: Macquarie Investment Management Global
Limited;Macquarie Investment Management Austria Kapitalanlage
AG;Macquarie Investment Management Europe Limited |
0.85%* |
13.90% |
8.27% |
3.48% |
Fixed Income |
Ivy Variable Insurance Portfolios - Macquarie VIP High Income
Series: Service Class (formerly, Ivy Variable
Insurance Portfolios - Delaware Ivy High Income:
Class II) This Sub-Account is only available in policies issued
before May 1, 2017
Investment Advisor: Delaware Management Company, a series of
Macquarie Investment Management Business Trust (a Delaware
statutory trust)
Sub-Advisor: Macquarie Investment Management Global
Limited;Macquarie Investment Management Austria Kapitalanlage
AG;Macquarie Investment Management Europe Limited |
0.96% |
11.95% |
4.46% |
3.70% |
Equity |
Ivy Variable Insurance Portfolios - Macquarie VIP Mid Cap
Growth Series: Service Class (formerly, Ivy
Variable Insurance Portfolios - Delaware Ivy Mid
Cap Growth: Class II) This Sub-Account is only available in policies
issued before May 1, 2014
Investment Advisor: Delaware Management Company, a series of
Macquarie Investment Management Business Trust (a Delaware
statutory trust)
Sub-Advisor: Macquarie Investment Management Global Limited |
1.10%* |
19.59% |
14.63% |
10.47% |
Equity |
Janus Aspen Series - Janus Henderson Enterprise Portfolio:
Institutional Shares
Investment Advisor: Janus Henderson Investors US LLC |
0.72% |
18.07% |
13.42% |
12.10% |
Equity |
Janus Aspen Series - Janus Henderson Forty Portfolio: Service
Shares
This Sub-Account is only available in policies issued before May 1,
2013
Investment Advisor: Janus Henderson Investors US LLC |
0.80% |
39.65% |
16.64% |
13.45% |
Equity |
Janus Aspen Series - Janus Henderson Global Research
Portfolio: Service Shares
Investment Advisor: Janus Henderson Investors US LLC |
0.86% |
26.47% |
13.05% |
8.74% |
Equity |
Janus Aspen Series - Janus Henderson Global Sustainable
Equity Portfolio: Institutional Shares
Investment Advisor: Janus Henderson Investors US LLC |
0.87%* |
23.32% |
|
|
Equity |
Janus Aspen Series - Janus Henderson Global Technology and
Innovation Portfolio: Service Shares
Investment Advisor: Janus Henderson Investors US LLC |
0.97% |
54.27% |
20.05% |
16.86% |
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 |
Janus Aspen Series - Janus Henderson Overseas Portfolio:
Service Shares
Investment Advisor: Janus Henderson Investors US LLC |
1.14% |
10.58% |
10.92% |
3.38% |
Fixed Income |
Lincoln Variable Insurance Products Trust - LVIP American
Century Inflation Protection Fund: Service
Class This Sub-Account is no longer available to receive transfers or
new premium payments effective April 26, 2024
Investment Advisor: Lincoln Financial Investments Corporation
Sub-Advisor: American Century Investment Management, Inc. |
0.77%* |
3.40% |
2.65% |
1.90% |
Fixed Income |
Lincoln Variable Insurance Products Trust - LVIP American
Century Inflation Protection Fund: Standard Class
II This Sub-Account is only available in policies issued before April
26, 2024
Investment Advisor: Lincoln Financial Investments Corporation
Sub-Advisor: American Century Investment Management, Inc. |
0.52%* |
3.60% |
2.90% |
2.16% |
Equity |
Lincoln Variable Insurance Products Trust - LVIP American
Century Mid Cap Value Fund: Standard Class
II This Sub-Account is only available in policies issued before April
26, 2024
Investment Advisor: Lincoln Financial Investments Corporation
Sub-Advisor: American Century Investment Management, Inc. |
0.86%* |
6.13% |
11.05% |
8.77% |
Fixed Income |
Lord Abbett Series Fund, Inc. - Total Return Portfolio: Class
VC Investment Advisor: Lord, Abbett & Co. LLC |
0.71% |
6.34% |
1.21% |
1.83% |
Equity |
MFS® Variable Insurance Trust - MFS Mid Cap Growth Series:
Service Class
Investment Advisor: Massachusetts Financial Services Company |
1.05%* |
20.97% |
13.05% |
10.85% |
Equity |
MFS® Variable Insurance Trust - MFS New Discovery Series:
Initial Class
Investment Advisor: Massachusetts Financial Services Company |
0.87%* |
14.41% |
11.08% |
7.67% |
Equity |
MFS® Variable Insurance Trust - MFS Value Series: Initial
Class Investment Advisor: Massachusetts Financial Services
Company |
0.69%* |
7.93% |
11.34% |
8.52% |
Equity |
MFS® Variable Insurance Trust II - MFS International Growth
Portfolio: Initial Class
Investment Advisor: Massachusetts Financial Services Company |
0.88%* |
14.72% |
9.47% |
6.36% |
Equity |
MFS® Variable Insurance Trust II - MFS International
Intrinsic Value Portfolio: Initial
Class Investment Advisor: Massachusetts Financial Services
Company |
0.89%* |
17.66% |
8.58% |
6.92% |
Equity |
MFS® Variable Insurance Trust II - MFS International
Intrinsic Value Portfolio: Service
Class This Sub-Account is no longer available to receive transfers or
new premium payments effective May 1, 2012
Investment Advisor: Massachusetts Financial Services Company |
1.14%* |
17.37% |
8.31% |
6.66% |
Fixed Income |
MFS® Variable Insurance Trust III - MFS Limited Maturity
Portfolio: Service Class
Investment Advisor: Massachusetts Financial Services Company |
0.70%* |
5.77% |
2.01% |
1.47% |
Equity |
MFS® Variable Insurance Trust III - MFS Mid Cap Value
Portfolio: Initial Class
Investment Advisor: Massachusetts Financial Services Company |
0.79%* |
12.73% |
12.90% |
8.73% |
Equity |
Nationwide Variable Insurance Trust - NVIT Allspring Discovery
Fund: Class I
This Sub-Account 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% |
Type |
Underlying Mutual Fund and Adviser/
Subadviser |
Current
Expenses |
Average Annual Total Returns
(as of 12/31/2023) | ||
1 year |
5 year |
10 year | |||
Allocation |
Nationwide Variable Insurance Trust - NVIT American Funds
Asset Allocation Fund: Class II
Investment Advisor: Capital Research and Management Company,
Nationwide Fund Advisors |
0.93%* |
13.84% |
8.79% |
6.84% |
Fixed Income |
Nationwide Variable Insurance Trust - NVIT American Funds
Bond Fund: Class II
This Sub-Account is only available in policies issued before May 1,
2013
Investment Advisor: Capital Research and Management Company,
Nationwide Fund Advisors |
0.87%* |
4.50% |
1.49% |
1.69% |
Equity |
Nationwide Variable Insurance Trust - NVIT American Funds
Global Growth Fund: Class II
Investment Advisor: Capital Research and Management Company,
Nationwide Fund Advisors |
1.06%* |
22.14% |
13.21% |
9.14% |
Equity |
Nationwide Variable Insurance Trust - NVIT American Funds
Growth Fund: Class II
This Sub-Account is only available in policies issued before May 1,
2014
Investment Advisor: Capital Research and Management Company,
Nationwide Fund Advisors |
0.98%* |
37.95% |
18.22% |
13.91% |
Equity |
Nationwide Variable Insurance Trust - NVIT American Funds
Growth-Income Fund: Class II
This Sub-Account is only available in policies issued before May 1,
2013
Investment Advisor: Capital Research and Management Company,
Nationwide Fund Advisors |
0.91%* |
25.68% |
12.93% |
10.49% |
Fixed Income |
Nationwide Variable Insurance Trust - NVIT Amundi Multi Sector
Bond Fund: Class I
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Amundi Asset Management, US |
0.80% |
8.70% |
4.89% |
3.75% |
Equity |
Nationwide Variable Insurance Trust - NVIT AQR Large Cap
Defensive Style Fund: Class I
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: AQR Capital Management, LLC |
0.78% |
8.27% |
11.51% |
10.11% |
Equity |
Nationwide Variable Insurance Trust - NVIT BlackRock Equity
Dividend Fund: Class I
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: BlackRock Investment Management, LLC |
0.80%* |
11.99% |
11.28% |
8.46% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Blueprint(SM)
Aggressive Fund: Class I
Investment Advisor: Nationwide Fund Advisors |
1.00%* |
19.74% |
11.29% |
7.38% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Blueprint(SM)
Balanced Fund: Class I
Investment Advisor: Nationwide Fund Advisors |
0.86%* |
13.40% |
6.79% |
4.85% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Blueprint(SM) Capital
Appreciation Fund: Class I
Investment Advisor: Nationwide Fund Advisors |
0.91%* |
16.45% |
9.01% |
6.19% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Blueprint(SM)
Conservative Fund: Class I
Investment Advisor: Nationwide Fund Advisors |
0.77%* |
8.91% |
3.63% |
2.93% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Blueprint(SM)
Managed Growth & Income Fund: Class
I Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Nationwide Asset Management, LLC |
0.82%* |
12.70% |
5.21% |
3.68% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Blueprint(SM)
Managed Growth Fund: Class I
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Nationwide Asset Management, LLC |
0.81%* |
12.61% |
6.58% |
4.50% |
Type |
Underlying Mutual Fund and Adviser/
Subadviser |
Current
Expenses |
Average Annual Total Returns
(as of 12/31/2023) | ||
1 year |
5 year |
10 year | |||
Allocation |
Nationwide Variable Insurance Trust - NVIT Blueprint(SM)
Moderate Fund: Class I
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Nationwide Asset Management, LLC |
0.88%* |
14.95% |
8.02% |
5.61% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Blueprint(SM)
Moderately Aggressive Fund: Class I
Investment Advisor: Nationwide Fund Advisors |
0.95%* |
18.07% |
10.25% |
6.84% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Blueprint(SM)
Moderately Conservative Fund: Class I
Investment Advisor: Nationwide Fund Advisors |
0.82%* |
11.88% |
5.79% |
4.29% |
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 BNY Mellon Dynamic
U.S. Equity Income: Class I
This Sub-Account is no longer available to receive transfers or new
premium payments effective September 11, 2020
Investment Advisor: Nationwide Fund Advisors
Sub-Advisor: Newton Investment Management Limited |
0.88% |
8.84% |
13.28% |
9.13% |
Equity |
Nationwide Variable Insurance Trust - NVIT BNY Mellon Dynamic
U.S. Equity Income: Class X
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Newton Investment Management Limited |
0.75% |
9.00% |
13.37% |
9.18% |
Fixed Income |
Nationwide Variable Insurance Trust - NVIT Bond Index Fund:
Class I
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: BlackRock Investment Management, LLC |
0.38% |
5.19% |
0.72% |
1.45% |
Equity |
Nationwide Variable Insurance Trust - NVIT Calvert Equity Fund:
Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Atlanta Capital Management Company, LLC
|
0.87%* |
20.68% |
10.98% |
8.56% |
Equity |
Nationwide Variable Insurance Trust - NVIT Columbia Overseas
Value Fund: Class I
This Sub-Account is no longer available to receive 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% |
Fixed Income |
Nationwide Variable Insurance Trust - NVIT Core Bond Fund:
Class I
This Sub-Account is only available in policies issued before May 1,
2023
Investment Advisor: Nationwide Fund Advisors
Sub-Advisor: Nationwide Asset Management, LLC |
0.59% |
5.19% |
0.70% |
1.69% |
Fixed Income |
Nationwide Variable Insurance Trust - NVIT DoubleLine Total
Return Tactical Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: DoubleLine Capital LP |
0.99%* |
5.66% |
0.19% |
|
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 |
Nationwide Variable Insurance Trust - NVIT Emerging Markets
Fund: Class I
This Sub-Account 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 Federated High
Income Bond Fund: Class I
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Federated Investment Management
Company |
0.91%* |
13.13% |
4.93% |
4.15% |
Fixed Income |
Nationwide Variable Insurance Trust - NVIT Government Bond
Fund: Class I
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Nationwide Asset Management, LLC |
0.69%* |
4.70% |
0.21% |
0.82% |
Fixed Income |
Nationwide Variable Insurance Trust - NVIT Government Money
Market Fund: Class I
This Sub-Account is no longer available to receive transfers or new
premium payments effective May 1, 2012
Investment Advisor: Nationwide Fund Advisors
Sub-Advisor: Federated Investment Management Company |
0.47% |
4.75% |
1.60% |
0.98% |
Fixed Income |
Nationwide Variable Insurance Trust - NVIT Government Money
Market Fund: Class V
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Federated Investment Management
Company |
0.42% |
4.80% |
1.63% |
1.01% |
Equity |
Nationwide Variable Insurance Trust - NVIT International Equity
Fund: Class I
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Lazard Asset Management LLC |
0.98%* |
21.70% |
8.65% |
4.85% |
Equity |
Nationwide Variable Insurance Trust - NVIT International Equity
Fund: Class II
This Sub-Account is no longer available to receive transfers or new
premium payments effective May 1, 2011
Investment Advisor: Nationwide Fund Advisors
Sub-Advisor: Lazard Asset Management LLC |
1.23%* |
21.46% |
8.40% |
4.59% |
Equity |
Nationwide Variable Insurance Trust - NVIT International Index
Fund: Class I
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: BlackRock Investment Management, LLC |
0.46% |
17.58% |
7.90% |
4.02% |
Equity |
Nationwide Variable Insurance Trust - NVIT International Index
Fund: Class II
This Sub-Account is only available in policies issued before April 26,
2014
Investment Advisor: Nationwide Fund Advisors
Sub-Advisor: BlackRock Investment Management, LLC |
0.69% |
17.31% |
7.63% |
3.76% |
Equity |
Nationwide Variable Insurance Trust - NVIT Invesco Small Cap
Growth Fund: Class I
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Invesco Advisers, Inc. |
1.09% |
17.47% |
11.52% |
8.33% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Aggressive Fund: Class II
This Sub-Account is no longer available to receive transfers or new
premium payments effective May 1, 2012
Investment Advisor: Nationwide Fund Advisors |
0.91% |
19.38% |
9.32% |
6.73% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Aggressive Fund: Class P
Investment Advisor: Nationwide Fund Advisors |
0.76% |
19.52% |
9.47% |
6.89% |
Type |
Underlying Mutual Fund and Adviser/
Subadviser |
Current
Expenses |
Average Annual Total Returns
(as of 12/31/2023) | ||
1 year |
5 year |
10 year | |||
Allocation |
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Balanced Fund: Class II
This Sub-Account is no longer available to receive transfers or new
premium payments effective May 1, 2012
Investment Advisor: Nationwide Fund Advisors |
0.86% |
13.04% |
5.59% |
4.41% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Balanced Fund: Class P
Investment Advisor: Nationwide Fund Advisors |
0.71% |
13.14% |
5.74% |
4.56% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Capital Appreciation Fund: Class II
This Sub-Account is no longer available to receive transfers or new
premium payments effective May 1, 2012
Investment Advisor: Nationwide Fund Advisors |
0.87% |
16.38% |
7.57% |
5.72% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Capital Appreciation Fund: Class P
Investment Advisor: Nationwide Fund Advisors |
0.72% |
16.56% |
7.73% |
5.88% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Conservative Fund: Class II
This Sub-Account is no longer available to receive transfers or new
premium payments effective May 1, 2012
Investment Advisor: Nationwide Fund Advisors |
0.86% |
8.03% |
2.64% |
2.53% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Conservative Fund: Class P
Investment Advisor: Nationwide Fund Advisors |
0.71% |
8.16% |
2.79% |
2.69% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Managed Growth & Income Fund: Class
I Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Nationwide Asset Management, LLC |
0.59%* |
12.38% |
4.38% |
3.52% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Managed Growth Fund: Class I
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Nationwide Asset Management, LLC |
0.60%* |
13.20% |
5.90% |
4.46% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Moderate Fund: Class II
This Sub-Account is no longer available to receive transfers or new
premium payments effective May 1, 2012
Investment Advisor: Nationwide Fund Advisors |
0.86% |
14.72% |
6.53% |
5.08% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Moderate Fund: Class P
Investment Advisor: Nationwide Fund Advisors |
0.71% |
14.95% |
6.68% |
5.24% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Moderately Aggressive Fund: Class II
This Sub-Account is no longer available to receive transfers or new
premium payments effective May 1, 2012
Investment Advisor: Nationwide Fund Advisors |
0.88% |
17.93% |
8.43% |
6.19% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Moderately Aggressive Fund: Class P
Investment Advisor: Nationwide Fund Advisors |
0.73% |
18.14% |
8.60% |
6.35% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Moderately Conservative Fund: Class II
This Sub-Account is no longer available to receive transfers or new
premium payments effective May 1, 2012
Investment Advisor: Nationwide Fund Advisors |
0.85% |
11.25% |
4.60% |
3.83% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Moderately Conservative Fund: Class P
Investment Advisor: Nationwide Fund Advisors |
0.70% |
11.45% |
4.74% |
3.98% |
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 iShares® Fixed
Income ETF Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: BlackRock Investment Management, LLC |
0.72%* |
5.22% |
|
|
Equity |
Nationwide Variable Insurance Trust - NVIT iShares® Global
Equity ETF Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: BlackRock Investment Management, LLC |
0.73%* |
20.48% |
|
|
Equity |
Nationwide Variable Insurance Trust - NVIT Jacobs Levy Large
Cap Core Fund: Class I
This Sub-Account is only available in policies issued before May 1,
2013
Investment Advisor: Nationwide Fund Advisors
Sub-Advisor: Jacobs Levy Equity Management, Inc. |
0.79%* |
23.39% |
13.50% |
10.37% |
Equity |
Nationwide Variable Insurance Trust - NVIT Jacobs Levy Large
Cap Growth Fund: Class I
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Jacobs Levy Equity Management, Inc. |
0.70%* |
35.36% |
23.08% |
15.33% |
Fixed Income |
Nationwide Variable Insurance Trust - NVIT Loomis Short Term
Bond Fund: Class I
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Loomis, Sayles & Company, L.P. |
0.55% |
5.95% |
1.45% |
1.36% |
Fixed Income |
Nationwide Variable Insurance Trust - NVIT Loomis Short Term
Bond Fund: Class II
This Sub-Account is no longer available to receive transfers or new
premium payments effective May 1, 2012
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 Mid Cap Index Fund:
Class I
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: BlackRock Investment Management, LLC |
0.41% |
16.06% |
12.16% |
8.86% |
Equity |
Nationwide Variable Insurance Trust - NVIT Multi-Manager Small
Cap Value Fund: Class I
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Jacobs Levy Equity Management, Inc. and
WCM Investment Management, LLC |
1.06%* |
17.45% |
11.06% |
6.84% |
Equity |
Nationwide Variable Insurance Trust - NVIT Multi-Manager Small
Company Fund: Class I
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Jacobs Levy Equity Management, Inc. and
Invesco Advisers, Inc. |
1.05%* |
13.99% |
13.31% |
8.47% |
Equity |
Nationwide Variable Insurance Trust - NVIT NS Partners
International Focused Growth Fund: Class
I Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: NS Partners Ltd |
0.98%* |
15.67% |
7.39% |
3.76% |
Equity |
Nationwide Variable Insurance Trust - NVIT Real Estate Fund:
Class I
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Wellington Management Company LLP |
0.92%* |
12.88% |
7.92% |
6.97% |
Equity |
Nationwide Variable Insurance Trust - NVIT S&P 500®
Index Fund: Class I
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: BlackRock Investment Management, LLC |
0.25%* |
25.96% |
15.41% |
11.76% |
Equity |
Nationwide Variable Insurance Trust - NVIT Small Cap Index
Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: BlackRock Investment Management, LLC |
0.60%* |
16.35% |
9.45% |
6.69% |
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 |
Nationwide Variable Insurance Trust - NVIT Victory Mid Cap
Value Fund: Class I
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Victory Capital Management Inc. |
0.93%* |
8.82% |
10.06% |
7.92% |
Equity |
Nationwide Variable Insurance Trust - NVIT Victory Mid Cap
Value Fund: Class II
This Sub-Account is no longer available to receive transfers or new
premium payments effective May 1, 2012
Investment Advisor: Nationwide Fund Advisors
Sub-Advisor: Victory Capital Management Inc. |
1.02%* |
8.63% |
9.93% |
7.81% |
Fixed Income |
Neuberger Berman Advisers Management Trust - Short Duration
Bond Portfolio: Class I Shares
This Sub-Account is only available in policies issued before May 1,
2012
Investment Advisor: Neuberger Berman Investment Advisers LLC |
0.86% |
5.90% |
1.65% |
1.21% |
Allocation |
Northern Lights Variable Trust - TOPS® Managed Risk Balanced
ETF Portfolio: Class 3
This Sub-Account is only available in policies issued before May 1,
2018
Investment Advisor: ValMark Advisers, Inc.
Sub-Advisor: Milliman Financial Risk Management, LLC |
0.87% |
9.17% |
4.73% |
3.14% |
Allocation |
Northern Lights Variable Trust - TOPS® Managed Risk Growth
ETF Portfolio: Class 3
This Sub-Account is only available in policies issued before May 1,
2018
Investment Advisor: ValMark Advisers, Inc.
Sub-Advisor: Milliman Financial Risk Management, LLC |
0.85% |
11.00% |
5.76% |
3.22% |
Allocation |
Northern Lights Variable Trust - TOPS® Managed Risk Moderate
Growth ETF Portfolio: Class 3
This Sub-Account is only available in policies issued before May 1,
2018
Investment Advisor: ValMark Advisers, Inc.
Sub-Advisor: Milliman Financial Risk Management, LLC |
0.85% |
10.23% |
5.41% |
3.42% |
Allocation |
PIMCO Variable Insurance Trust - All Asset Portfolio:
Administrative Class
Investment Advisor: PIMCO
Investment Sub-Advisor: Research Affiliates, LLC |
2.19%* |
8.14% |
6.02% |
4.04% |
Commodities |
PIMCO Variable Insurance Trust - CommodityRealReturn®
Strategy Portfolio: Administrative
Class Investment Advisor: PIMCO |
1.48%* |
-7.85% |
8.55% |
-0.80% |
Fixed Income |
PIMCO Variable Insurance Trust - International Bond Portfolio
(Unhedged): Administrative Class
This Sub-Account is only available in policies issued before May 1,
2024
Investment Advisor: PIMCO |
1.28%* |
6.21% |
-1.16% |
-0.35% |
Fixed Income |
PIMCO Variable Insurance Trust - Low Duration Portfolio:
Administrative Class
This Sub-Account is only available in policies issued before May 1,
2024
Investment Advisor: PIMCO |
0.69% |
4.97% |
0.99% |
0.92% |
Fixed Income |
PIMCO Variable Insurance Trust - Short-Term Portfolio:
Administrative Class
Investment Advisor: PIMCO |
0.66% |
5.91% |
2.12% |
1.87% |
Equity |
Putnam Variable Trust - Putnam VT Sustainable Leaders Fund:
Class IB
Investment Advisor: Putnam Investment Management, LLC |
0.90% |
26.11% |
16.09% |
12.59% |
Type |
Underlying Mutual Fund and Adviser/
Subadviser |
Current
Expenses |
Average Annual Total Returns
(as of 12/31/2023) | ||
1 year |
5 year |
10 year | |||
Alternative |
Rydex Variable Trust - Multi-Hedge Strategies Fund
This Sub-Account is only available in policies issued before May 1,
2019
Investment Advisor: Guggenheim Investments |
1.75%* |
4.37% |
4.21% |
2.52% |
Equity |
T. Rowe Price Equity Series, Inc. - T. Rowe Price Health Sciences
Portfolio
Investment Advisor: T. Rowe Price Associates, Inc. |
0.86% |
2.96% |
11.24% |
11.30% |
Equity |
T. Rowe Price Equity Series, Inc. - T. Rowe Price Health Sciences
Portfolio: II
This Sub-Account is no longer available to receive transfers or new
premium payments effective May 1, 2012
Investment Advisor: T. Rowe Price Associates, Inc. |
1.11% |
2.68% |
10.96% |
11.03% |
Equity |
T. Rowe Price Equity Series, Inc. - T. Rowe Price Mid-Cap Growth
Portfolio: II
Investment Advisor: T. Rowe Price Associates, Inc.
Investment Sub-Advisor: T. Rowe Price Investment Management, Inc.
|
1.09%* |
19.63% |
11.36% |
10.22% |
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% |
Equity |
Virtus Variable Insurance Trust - Virtus Duff & Phelps Real
Estate Securities Series: Class I
Investment Advisor: Virtus Investment Advisers, Inc.
Investment Sub-Advisor: Duff & Phelps Investment Management Co.,
an affiliate of VIA. |
0.85%* |
11.31% |
8.84% |
8.22% |
State |
State Law Variations |
Arizona |
• The policy provides the Surviving Insured with an option to exchange the policy for an
individual life insurance policy if the first Insured to die dies by suicide. This
option must be elected within sixty days of their
death. |
California |
• In addition to the right to elect to irrevocably transfer 100% of the policy's Cash Value to
the Fixed Account within the first twenty-four months from the Policy Date
provided under "Right of Conversion," you may also elect to
irrevocably transfer 100% of the policy's Cash Value to the Fixed
Account within the later of sixty days from the date of a change in
the investment policy of a Sub-Account or sixty days from when we notify you of your option to make such transfer. • Right to Cancel – 30 day right to examine and cancel. Refund of the
Cash Value in full, without any deductions for any applicable policy
fees. Net Premium will be placed in the Fixed Account or a
money-market Sub-Account unless directed otherwise. If invested in
the Variable Account, refund will be the policy’s Cash Value, plus any
policy fees paid. |
Colorado |
• In addition to the right to elect to irrevocably transfer 100% of the policy's Cash Value to
the Fixed Account within the first twenty-four months from the Policy Date
provided under "Right of Conversion," the Policy owner may also
elect to irrevocably transfer 100% of the policy's Cash Value to the
Fixed Account within the later of sixty days from the date of a
change in the investment policy of a Sub-Account or sixty days from when we notify you of your option to make such transfer. • The Suicide provision in the policy and in any rider is limited to one
year from the Policy Date, reinstatement date, effective date of a
Specified Amount increase, or Rider effective date.
|
Connecticut |
• The right to exchange the policy for a different policy provided under "Exchanging the
Policy," is limited to within eighteen months from the Policy Date.
|
Massachusetts |
• In addition to the right to elect to irrevocably transfer 100% of the policy's Cash Value to
the Fixed Account within the first twenty-four months from the Policy Date
provided under "Right of Conversion," you may also elect to
irrevocably transfer 100% of the policy's Cash Value to the Fixed
Account within the later of sixty days from the date of a change in
the investment policy of a Sub-Account or sixty days from when we notify you of your option to make such transfer. |
Missouri |
• The Suicide provision in the policy and in any rider is one year from the Policy Date,
reinstatement date, effective date of a Specified Amount increase, or Rider
effective date.
• The reinstatement period is five years. |
Montana |
• Policy and Rider charges are required to be on a unisex basis. This is accomplished by
treating all Insured's as male for purposes of charges that otherwise would vary
by sex. Therefore, none of the charges described in the prospectus as varying by sex, or
by characteristics of the Insured, will vary by sex for policies
issued in Montana. |
New Hampshire |
• Extends spousal rights to a party to a civil union. |
New Jersey |
• Extends spousal rights to a party to a civil union. |
North Dakota |
• The Suicide provision in policy and Rider forms is one year.
|
State |
State Law Variations |
Oregon |
• In addition to the right to elect to irrevocably transfer 100% of the policy's Cash Value to
the fixed account within the first twenty-four months from the Policy Date
provided under "Right of Conversion," you may also elect to
irrevocably transfer 100% of the policy's Cash Value to the fixed
account within the later of sixty days from the date of a change in
the investment policy of a Sub-Account or sixty days from when we notify you of your option to make such transfer. • In addition to the right to exchange the policy for a different policy
provided under "Exchanging the Policy," is limited to within
eighteen months from the Policy Date. • The policy also provides a right to use your Cash Surrender Value as a single premium
payment to purchase a paid-up insurance policy on the life of the
Insureds. • The Incontestability provision in the policy and any rider is based upon the Surviving
Insured's lifetime, not both Insureds' lifetimes. |
Pennsylvania |
• Adjusted Sales Load Life Insurance Rider is not available. |
Texas |
• There is no "Risk Charge" component used in determining the charge for the
Accelerated Death Benefit Rider. |
|
Page |
2 | |
2 | |
2 | |
2 | |
3 | |
3 | |
4 | |
5 | |
6 | |
6 |
Maximum Surrender Charge = [(A x B + C) – (D - E)] x F x G x
H: | ||
Where: |
| |
A |
= |
the lesser of $40 per $1,000 of Base Policy Specified Amount and the amount of Premium that, if paid each
year to the Maturity Date, would keep the policy In Force assuming: maximum guaranteed charges apply
and investment in the fixed account only at a 4.5% rate of interest. This factor varies
with the characteristics of the Insureds; |
B |
= |
125%; |
C |
= |
$10 per $1,000 of Base Policy Specified Amount; |
D |
= |
the guaranteed maximum policy charges and deductions that can be assessed under the policy during the first
policy year assuming investment in the fixed account only; |
E |
= |
the average of the guaranteed maximum policy charges and deductions that can assessed under the policy
for policy years 2 through 20 assuming investment in the fixed account only; |
F |
= |
a Surrender Charge percentage that varies by the Insureds' Attained Ages, sexes and underwriting classes on
the Policy Date or the effective date of an increase in the Base Policy Specified Amount. These
percentages range between 49% and 100%; and |
G |
= |
a Surrender Charge reduction percentage used to determine the applicable Surrender Charge as a
percentage of the maximum first year Surrender Charge. This percentage is determined based on the
characteristics of the Insureds. |
H |
= |
a Surrender Charge reduction percentage that varies by the duration of the policy. These percentages range
between 0% and 95%. |
Maximum Surrender Charge = [(A x B + C) – (D - E)] x F x
G: | ||
Where: |
| |
A |
= |
the lesser of $40 per $1,000 of Base Policy Specified Amount and the amount of Premium that, if paid each
year to the Maturity Date, would keep the policy In Force assuming: maximum guaranteed charges apply
and investment in the fixed account only at a 5% rate of interest. This factor varies
with the characteristics of the Insureds; |
B |
= |
125%; |
C |
= |
$10 per $1,000 of Base Policy Specified Amount; |
D |
= |
the guaranteed maximum policy charges and deductions that can be assessed under the policy during the first
policy year assuming investment in the fixed account only; |
E |
= |
the average of the guaranteed maximum policy charges and deductions that can assessed under the policy
for policy years 2 through 20, assuming investment in the fixed account only; |
F |
= |
a Surrender Charge percentage that varies by the Insureds' Attained Ages, sexes and underwriting classes on
the Policy Date or the effective date of an increase in the Base Policy Specified Amount. These
percentages range between 49% and 100%; and |
G |
= |
a Surrender Charge reduction percentage used to determine the applicable Surrender Charge as a
percentage of the maximum first year Surrender Charge. This percentage is determined based on the
characteristics of the Insureds. |
|
|
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. |
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. |
Company |
Jurisdiction
of Domicile |
Brief Description of Business |
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. |
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. |
Company |
Jurisdiction
of Domicile |
Brief Description of Business |
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 VL Separate Account-G |
(Registrant) |
Nationwide Life and Annuity 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 |