A new series of high-value products were soon introduced, including Nationwide Financial's popular Next GenerationSM variable universal life insurance. Nationwide Financial formed a trust company in 1998 to support its pension sales operation and established an offshore insurance company to meet the financial services needs of non-U.S. citizens. In early 2000, Nationwide Financial's parent company acquired Gartmore. Nationwide Financial assumed its operation and became a major player in asset administration. Variable life products allow the contract holder to choose an appropriate amount of life insurance protection that has an additional cost associated with it.
Variable products are subject to market risk, including possible loss of principal.
Prospectuses can be obtained by writing to Nationwide Life Insurance Company, P.O. Box 16609, Columbus, OH 43218-6609.