All guarantees are subject to rider terms and conditions. If clients take early, excess, or nonlifetime withdrawals, especially in a down market, loss of income is a possibility. Growth is to the income benefit base and not a cash value that can be withdrawn. Fees are assessed annually on the income benefit base. Maximum cost is 1.50% for Nationwide L.inc and 0.40% for Nationwide L.inc with the Joint Option.
 Only certain investment options are available to contract with L.inc.
When evaluating the purchase of a variable annuity, you should be aware that variable annuities are long-term investment vehicles designed for retirement purposes and will fluctuate in value; and annuities have limitations.
A variable annuity is a contract you buy from an insurance company. It's designed to help accumulate assets to provide income for retirement. It will fluctuate in value based on the performance of the underlying investment options. You should also know that all guarantees and protections of a variable annuity are subject to the claims-paying ability of the issuing insurance company. They don't apply to the investment performance or safety of the underlying investment options. Underlying subaccounts are only available as investment options in variable insurance contracts issued by life insurance companies. They are not offered directly to the general public.
Variable annuities are sold by prospectus. The product prospectus and underlying fund prospectuses can be obtained by writing to Nationwide Life Insurance Company, P.O. Box 182021, Columbus, Ohio 43218-2021 or by visiting nationwide.com. Carefully consider the fund's investment objectives, risks, charges and expenses. Prospectuses contain this and other important information - you should read them carefully before investing.
You may be charged a penalty if you take your money out early, if you're not yet 59½ (additional 10% tax penalty), or both. Variable annuities have fees and charges that include mortality and expense, administrative fees, contract fees, and the expense of the underlying investment options.