Supplement dated January 26, 2024
to the following statutory prospectus(es):
BOA TNG (BOA Next Generation FPVUL) prospectus dated May 1, 2023
This supplement updates certain information contained in your statutory prospectus. Please read and retain
this supplement for future reference. |
1.
Effective March 20, 2024, the following Investment Portfolio is no longer available to receive
transfers or new purchase payments.
•
Nationwide Variable Insurance Trust - NVIT J.P. Morgan MozaicSM Multi-Asset Fund: Class II
2.
The Board of Trustees (the "Board") of Nationwide Variable Insurance Trust - NVIT J.P. Morgan
MozaicSM Multi-Asset Fund: Class II, the Board approved the liquidation (the "Liquidation") pursuant to which Nationwide Variable Insurance Trust
- NVIT J.P. Morgan MozaicSM Multi-Asset Fund: Class II will be liquidated. The
liquidation is expected to occur on or about April 12, 2024 (the "Liquidation Date").
In anticipation of the Liquidation, the following changes apply to the
contract:
•
From the date of this supplement until the Liquidation Date, investors with allocations in the Fund may transfer allocations
to any other available investment option. During this period, any transfers from the Fund will not be treated as a transfer for purposes of transfer limitations that would
otherwise be applicable.
•
On the Liquidation Date, any remaining assets of the Fund will be transferred to Nationwide
Variable Insurance Trust - NVIT Government Money Market Fund: Class V.
•
After the Liquidation Date, any and all references to the Fund are deleted.