0001193125-21-283563.txt : 20210927 0001193125-21-283563.hdr.sgml : 20210927 20210927103516 ACCESSION NUMBER: 0001193125-21-283563 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20210927 DATE AS OF CHANGE: 20210927 EFFECTIVENESS DATE: 20210927 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NATIONWIDE VLI SEPARATE ACCOUNT 2 CENTRAL INDEX KEY: 0000820914 IRS NUMBER: 314156830 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-42180 FILM NUMBER: 211279572 BUSINESS ADDRESS: STREET 1: NATIONWIDE LIFE INSURANCE CO STREET 2: ONE NATIONWIDE PLAZA CITY: COLUMBUS STATE: OH ZIP: 43215 BUSINESS PHONE: 614-249-7111 MAIL ADDRESS: STREET 1: NATIONWIDE LIFE INSURANCE CO STREET 2: ONE NATIONWIDE PLAZA CITY: COLUMBUS STATE: OH ZIP: 43215 0000820914 S000009472 NATIONWIDE VLI SEPARATE ACCOUNT-2 C000025924 The Best of America FPVUL 497 1 d208197d497.htm BOA FPVUL (033-42180) BOA FPVUL (033-42180)
Prospectus supplement dated September 27, 2021
to the following prospectus(es):
BOA FPVUL, BOA ChoiceLife FPVUL, BOA TNG (BOA Next Generation FPVUL), NLIC Options Plus, NLIC Options Premier and BOA The Next Generation II FPVUL prospectuses dated May 1, 2021
This supplement updates certain information contained in your prospectus. Please read it and keep it with your prospectus for future reference.
In accordance with applicable law, on or about November 12, 2021 (the "Exchange Date"), Nationwide intends to substitute shares of the underlying mutual funds in Column A ("Existing Funds") below with shares of the underlying mutual funds in Column B ("Replacement Funds") below.
Existing Portfolio Replacement Portfolio
BNY Mellon Variable Investment Fund - Appreciation Portfolio: Initial Shares Nationwide Variable Insurance Trust - NVIT BNY Mellon Dynamic U.S. Core Fund: Class I
Franklin Templeton Variable Insurance Products Trust - Franklin Rising Dividends VIP Fund: Class 1 Nationwide Variable Insurance Trust - NVIT BNY Mellon Dynamic U.S. Core Fund: Class I
Invesco - Invesco V.I. Main Street Fund: Series I Nationwide Variable Insurance Trust - NVIT BNY Mellon Dynamic U.S. Core Fund: Class I
PIMCO Variable Insurance Trust - Total Return Portfolio: Administrative Class Nationwide Variable Insurance Trust - NVIT BNY Mellon Core Plus Bond Fund: Class I
Prior to the Exchange Date. From the date of this supplement until the Exchange Date, investors with allocations in the Existing Funds may transfer allocations to any other available underlying mutual fund, the fixed account (if available), long-term fixed account (if available), indexed interest options (if available), and/or an Guaranteed Term Option (if available) in accordance with the contract/policy. During this period, any transfers from an Existing Fund will not be treated as a transfer for purposes of transfer limitations and short-term trading fees that would otherwise be applicable under the terms of the contract/policy.
On the Exchange Date. At the close of business on the Exchange Date, the substitutions will take place at relative net asset value. Any allocations that remain in the Existing Funds will be redeemed. Such redemptions will then be used to purchase accumulation units/annuity units in the corresponding Replacement Funds. All contract/policy owners affected by the substitution will receive a written confirmation of the transaction. The redemption/repurchase to effectuate the substitution will not be treated as a transfer for the purposes of daily transfer limitations.
After the Exchange Date. For at least 30 days after the Exchange Date, contract/policy owners may reallocate amounts that were substituted into the Replacement Funds to any other available underlying mutual fund, the fixed account (if available), long-term fixed account (if available), indexed interest options (if available), and/or a Guaranteed Term Option (if available) without the transfer being treated as a transfer for purposes of transfer limitations and short-term trading fees that would otherwise be applicable under the terms of the contract/policy. Additionally, during this time, Nationwide will not exercise any rights reserved by it under the contracts to impose additional restrictions on transfers out of a Replacement Fund, except to prevent or limit disruptive trading activity.
On the Exchange Date, the Existing Funds are removed from the list of underlying funds starting on the first page of the prospectus and as listed under "Appendix A – Underlying Funds Available Under the Policy" in each statutory prospectus.
To submit a transfer request, please contact Nationwide:
• by telephone at: 1-800-848-6331 (TDD 1-800-238-3035)
• by mail to P.O. Box 182835, Columbus, Ohio 43218-2835
• by fax at 1-888-634-4472
• by Internet at www.nationwide.com
PROS-0580
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