Nationwide VLI Separate Account 4 has filed an updated statutory prospectus, which includes significant changes to its investment options. This update is crucial for policyholders and potential investors as it outlines the available investment choices under its variable insurance products.
The update was filed on October 27, 2026, and it highlights that certain investment options will only be available for policies issued before December 31, 2026. This change reflects the company's strategy to adapt to the evolving investment landscape.
Background
Nationwide VLI Separate Account 4 is an investment entity primarily focused on variable insurance products. It is part of the Nationwide Life Insurance Company, which is headquartered in Columbus, Ohio. The company operates under the Central Index Key (CIK) 0001041357 and has been active in filing various forms with the SEC, including several 497 forms in the past few months.
What the Filing Says
The recent filing states, "This supplement updates certain information contained in your statutory prospectus. Please read and retain this supplement for future reference." It specifically mentions that investment options like the Allspring Variable Trust - VT Small Cap Growth Fund and the BNY Mellon Variable Investment Fund will only be available for policies issued before the year's end.
Impact
This update may affect current and prospective policyholders of Nationwide VLI Separate Account 4, as it delineates the investment options available to them. Additionally, it could influence the competitive landscape among other investment entities in the variable insurance market.
What's Next
The filing does not say what happens next.