Form 497VPI NATIONWIDE VLI SEPARATE
Supplement dated January
23, 2025
to the following initial summary prospectus(es):
to the following initial summary prospectus(es):
Nationwide Innovator Corporate VUL dated May 1, 2024
| This supplement updates certain information contained in your initial summary prospectus. Please read and
retain this supplement for future reference. |
At a meeting of the Board of Trustees (the "Board") of Nationwide
Variable Insurance Trust held on December 11, 2024, the Board approved the termination of Columbia Management Investment Advisor, LLC as the subadviser to the NVIT Columbia Overseas Value Fund (the "Fund") and the appointment of Putnam Investment Management, LLC as the Fund’s new
subadviser. This change is anticipated to take effect on or about January 31, 2025 (the "Effective Date").
As of the Effective Date the initial summary prospectus is amended as follows:
The names of the investment option(s) and subadviser(s) are updated as indicated below:
| CURRENT INFORMATION |
UPDATED INFORMATION |
| Nationwide Variable Insurance Trust – NVIT Columbia
Overseas Value Fund: Class X
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Columbia Management Investment
Advisor, LLC |
Nationwide Variable Insurance Trust - NVIT Putnam International Value Fund: Class X Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Putnam Investment Management, LLC |
All references to the Fund’s former name and subadviser are replaced accordingly.
ISP-0828
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