Nationwide Provident VLI Separate Account 1

07/19/2024 | Press release | Distributed by Public on 07/19/2024 08:21

Prospectus by Investment Company - Form 497

NLIC Options (333-164118)
Supplement dated July 19, 2024
to the following statutory prospectus(es):
NLIC Options Plus, NLIC Options Premier and NLIC Options dated May 1, 2024
This supplement updates certain information contained in your statutory prospectus. Please read and retain
this supplement for future reference.
1.
The following underlying mututal fund is offered as an investment option under the policy. The Current Expenses are updated as indicated below:
Type
Underlying Mutual Fund and Adviser/Subadviser
Current
Expenses
Average Annual Total
Returns
(as of 12/31/2023)
1 year
5 year
10 year
Fixed Income
VanEck VIP Trust - VanEck VIP Emerging Markets Bond Fund: Initial
Class
Investment Advisor: Van Eck Associates Corporation
1.13%*
11.40%
4.07%
1.97%
*
This underlying mutual fund's current expenses reflect a temporary fee reduction.
PROS-0904
1