XML 3 R1.htm IDEA: XBRL DOCUMENT v3.24.0.1
N-6
Feb. 29, 2024
Prospectus:  
Document Type N-6
Entity Registrant Name NATIONWIDE VLI SEPARATE ACCOUNT 4
Entity Central Index Key 0001041357
Entity Investment Company Type N-6
Document Period End Date Feb. 29, 2024
Amendment Flag false
Nationwide Innovator Corporate VUL  
Prospectus:  
Item 18. Portfolio Companies (N-6) [Text Block] The Boards of Directors (the "Board") of American Century Variable Portfolios, Inc. and American Century Variable Portfolios II, Inc. (the "Board"), approved the merger of the following Target Funds (the "Target Fund") into the Lincoln Variable Insurance Products Trust (the "Acquiring Fund"). Subject to shareholder approval, the merger will be effective on or about April 26, 2024 (the "Effective Date"). 
Target Fund
Acquiring Fund
American Century Variable Portfolios II, Inc. - American Century
VP Inflation Protection Fund: Class I
Lincoln Variable Insurance Products Trust - LVIP American
Century Inflation Protection Fund: Standard Class II
American Century Variable Portfolios, Inc. - American Century
VP Value Fund: Class I
Lincoln Variable Insurance Products Trust - LVIP American
Century Value Fund: Standard Class II
As of the Effective Date, the following changes apply to the contract/policy:•the Target Fund will no longer be available to receive transfers or new purchase payments;•the Target Fund will transfer all or substantially all of its assets to the Acquiring Fund in exchange for shares of the Acquiring Fund; and•the Acquiring Fund will assume all liabilities of the Target Fund.Accordingly, the following changes apply to the prospectus:(1) Appendix A is amended to add the following: 
Type
Underlying Mutual Fund and Adviser/Subadviser
Current
Expenses
Average Annual Total
Returns
(as of December 31, 2023)
1 year
5 year
10 year
Fixed Income
Lincoln Variable Insurance Products Trust - LVIP American Century
Inflation Protection Fund: Standard Class II
Investment Advisor: Lincoln Financial Investments Corporation
Investment Sub-Advisor: American Century Investment Management, Inc.
0.52%
-12.88%
1.64%
0.93%
Equity
Lincoln Variable Insurance Products Trust - LVIP American Century
Value Fund: Standard Class II
Investment Advisor: Lincoln Financial Investments Corporation
Investment Sub-Advisor: American Century Investment Management, Inc.
0.73%*
0.54%
7.85%
10.59%
*This underlying mutual fund’s current expenses reflect a temporary fee reduction.(2) All references in the prospectus to the Target Fund are deleted and replaced with the Acquiring Fund.
Portfolio Companies [Table Text Block]
Type
Underlying Mutual Fund and Adviser/Subadviser
Current
Expenses
Average Annual Total
Returns
(as of December 31, 2023)
1 year
5 year
10 year
Fixed Income
Lincoln Variable Insurance Products Trust - LVIP American Century
Inflation Protection Fund: Standard Class II
Investment Advisor: Lincoln Financial Investments Corporation
Investment Sub-Advisor: American Century Investment Management, Inc.
0.52%
-12.88%
1.64%
0.93%
Equity
Lincoln Variable Insurance Products Trust - LVIP American Century
Value Fund: Standard Class II
Investment Advisor: Lincoln Financial Investments Corporation
Investment Sub-Advisor: American Century Investment Management, Inc.
0.73%*
0.54%
7.85%
10.59%
Portfolio Company Objective [Text Block] Type
Temporary Fee Reductions, Current Expenses [Text Block] This underlying mutual fund’s current expenses reflect a temporary fee reduction.
Nationwide Innovator Corporate VUL | LincolnVariableInsuranceProductsTrustLVIPAmericanCenturyInflationProtectionFundStandardClassIIMember  
Prospectus:  
Portfolio Company Name [Text Block] Lincoln Variable Insurance Products Trust - LVIP American Century Inflation Protection Fund: Standard Class II
Portfolio Company Objective [Text Block] Fixed Income
Portfolio Company Adviser [Text Block] Investment Advisor: Lincoln Financial Investments Corporation
Portfolio Company Subadviser [Text Block] Investment Sub-Advisor: American Century Investment Management, Inc.
Current Expenses [Percent] 0.52%
Average Annual Total Returns, 1 Year [Percent] (12.88%)
Average Annual Total Returns, 5 Years [Percent] 1.64%
Average Annual Total Returns, 10 Years [Percent] 0.93%
Nationwide Innovator Corporate VUL | LincolnVariableInsuranceProductsTrustLVIPAmericanCenturyValueFundStandardClassIIMember  
Prospectus:  
Portfolio Company Name [Text Block] Lincoln Variable Insurance Products Trust - LVIP American Century Value Fund: Standard Class II
Portfolio Company Objective [Text Block] Equity
Portfolio Company Adviser [Text Block] Investment Advisor: Lincoln Financial Investments Corporation
Portfolio Company Subadviser [Text Block] Investment Sub-Advisor: American Century Investment Management, Inc.
Current Expenses [Percent] 0.73%
Average Annual Total Returns, 1 Year [Percent] 0.54%
Average Annual Total Returns, 5 Years [Percent] 7.85%
Average Annual Total Returns, 10 Years [Percent] 10.59%