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SUPPLEMENT DATED JULY 1, 1999 TO
PROSPECTUS DATED MAY 1, 1999 FOR
SINGLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACTS
ISSUED BY
NATIONWIDE LIFE INSURANCE COMPANY
THROUGH ITS
NATIONWIDE VARIABLE ACCOUNT - 9
THIS SUPPLEMENT UPDATES CERTAIN INFORMATION CONTAINED IN YOUR PROSPECTUS. PLEASE
READ IT AND KEEP IT WITH YOUR PROSPECTUS FOR FUTURE REFERENCE.
1. INFORMATION FOR THE FOLLOWING UNDERLYING MUTUAL FUNDS CONTAINED IN THE
"UNDERLYING MUTUAL FUND ANNUAL EXPENSES" TABLE LOCATED ON PAGES 9 THROUGH 10
OF YOUR PROSPECTUS, IS AMENDED AS FOLLOWS:
<TABLE>
<CAPTION>
UNDERLYING MUTUAL FUND ANNUAL EXPENSES
(AS A PERCENTAGE OF UNDERLYING MUTUAL FUND AVERAGE NET ASSETS, AFTER EXPENSE REIMBURSEMENT)
- -----------------------------------------------------------------------------------------------------------------
Management Other 12b-1 Total Mutual
Fees Expenses Fees Fund Expenses
- -----------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Morgan Stanley Dean Witter Universal Funds, Inc. - 0.27% 1.03% 0.00% 1.30%
Emerging Markets Debt Portfolio
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NSAT Capital Appreciation Fund 0.58% 0.22% 0.00% 0.80%
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NSAT Government Bond Fund 0.44% 0.22% 0.00% 0.66%
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NSAT Money Market Fund 0.34% 0.21% 0.00% 0.55%
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NSAT Total Return Fund 0.57% 0.21% 0.00% 0.78%
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NSAT Nationwide Balanced Fund 0.54% 0.36% 0.00% 0.90%
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NSAT Nationwide Equity Income Fund 0.45% 0.50% 0.00% 0.95%
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NSAT Nationwide Global Equity Fund 0.59% 0.61% 0.00% 1.20%
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NSAT Nationwide High Income Bond Fund 0.48% 0.47% 0.00% 0.95%
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NSAT Nationwide Multi-Sector Bond Fund 0.54% 0.36% 0.00% 0.90%
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NSAT Nationwide Select Advisers Mid Cap Fund 0.56% 0.64% 0.00% 1.20%
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NSAT Nationwide Select Advisers Small Cap Growth Fund 0.57% 0.73% 0.00% 1.30%
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NSAT Nationwide Small Cap Value Fund 0.47% 0.58% 0.00% 1.05%
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NSAT Nationwide Small Company Fund 1.00% 0.25% 0.00% 1.25%
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NSAT Nationwide Strategic Growth Fund 0.20% 0.80% 0.00% 1.00%
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NSAT Nationwide Strategic Value Fund 0.52% 0.48% 0.00% 1.00%
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Van Eck Worldwide Insurance Trust - Worldwide Emerging 0.69% 0.61% 0.00% 1.30%
Markets Fund
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Van Kampen Life Investment Trust - Morgan Stanley 1.00% 0.08% 0.00% 1.08%
Real Estate Securities Portfolio
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</TABLE>
The expenses shown above are deducted by the underlying mutual fund before it
provides Nationwide with the daily net asset value. Nationwide then deducts
applicable variable account charges from the net asset value to calculate the
unit value of the corresponding sub-account. The management fees and other
expenses are more fully described in the prospectus for each underlying mutual
fund. Information relating to the underlying mutual funds was provided by the
underlying mutual funds and not independently verified by Nationwide.
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<PAGE> 2
Some underlying mutual funds are subject to fee waivers and expense
reimbursements. The following chart shows what the expenses would have been for
such funds without fee waivers and expense reimbursements.
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------
Management Other 12b-1 Total Mutual
Fees Expenses Fees Fund Expenses
- ------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Morgan Stanley Dean Witter Universal Funds, Inc. - 0.80% 1.25% 0.00% 2.05%
Emerging Markets Debt Portfolio
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NSAT Capital Appreciation Fund 0.60% 0.22% 0.00% 0.82%
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NSAT Government Bond Fund 0.50% 0.22% 0.00% 0.72%
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NSAT Money Market Fund 0.40% 0.21% 0.00% 0.61%
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NSAT Total Return Fund 0.59% 0.21% 0.00% 0.80%
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NSAT Nationwide Balanced Fund 0.75% 0.36% 0.00% 1.11%
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NSAT Nationwide Equity Income Fund 0.80% 0.50% 0.00% 1.30%
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NSAT Nationwide Global Equity Fund 1.00% 0.61% 0.00% 1.61%
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NSAT Nationwide High Income Bond Fund 0.80% 0.47% 0.00% 1.27%
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NSAT Nationwide Multi-Sector Bond Fund 0.75% 0.36% 0.00% 1.11%
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NSAT Nationwide Select Advisers Mid Cap Fund 1.05% 0.64% 0.00% 1.69%
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NSAT Nationwide Select Advisers Small Cap Growth Fund 1.10% 0.73% 0.00% 1.83%
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NSAT Nationwide Small Cap Value Fund 0.90% 0.58% 0.00% 1.48%
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NSAT Nationwide Strategic Growth Fund 0.90% 0.80% 0.00% 1.70%
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NSAT Nationwide Strategic Value Fund 0.90% 0.48% 0.00% 1.38%
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Van Eck Worldwide Insurance Trust - Worldwide Emerging 1.00% 0.61% 0.00% 1.61%
Markets Fund
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</TABLE>
2. INFORMATION FOR THE FOLLOWING UNDERLYING MUTUAL FUNDS CONTAINED IN THE
"EXAMPLE" CHART LOCATED ON PAGES 11 THROUGH 13 OF YOUR PROSPECTUS, IS
AMENDED AS FOLLOWS:
EXAMPLE
The following chart shows the amount of expenses (in dollars) that would be
incurred under this contract assuming a $1,000 investment, 5% annual return, and
no change in expenses. These dollar figures are illustrative only and should not
be considered a representation of past or future expenses. Actual expenses may
be greater or less than those shown below.
The chart reflects expenses of both the variable account and the underlying
mutual funds. The chart reflects variable account charges of 2.05%, which is the
maximum variable account charges that could be assessed to a contract.
For those contracts that do not elect the maximum number of rider options, the
expenses would be reduced. Deductions for premium taxes are not reflected but
may apply.
The summary of contract expenses and example are to help contract owners
understand the expenses associated with the contract.
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<PAGE> 3
<TABLE>
<CAPTION>
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If you surrender your contract If you do not surrender your If you annuitize your
at the end of the applicable contract at the end of the contract at the end of the
time period applicable time period applicable time period
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1 Yr. 3 Yrs. 5 Yrs. 10 Yrs. 1 Yr. 3 Yrs. 5 Yrs. 10 Yrs. 1 Yr. 3 Yrs. 5 Yrs. 10 Yrs.
- ------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Morgan Stanley Dean Witter 98 161 217 376 35 107 181 376 * 107 181 376
Universal Funds, Inc. -
Emerging Markets Debt
Portfolio
- ------------------------------------------------------------------------------------------------------------------------
NSAT Capital Appreciation 93 146 192 328 30 92 156 328 * 92 156 328
Fund
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NSAT Government Bond Fund 91 141 185 314 28 87 149 314 * 87 149 314
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NSAT Money Market Fund 90 138 179 303 27 84 143 303 * 84 143 303
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NSAT Total Return Fund 93 145 191 326 30 91 155 326 * 91 155 326
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NSAT Nationwide Balanced Fund 94 149 197 338 31 95 161 338 * 95 161 338
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NSAT Nationwide Equity 95 150 199 343 32 96 163 343 * 96 163 343
Income Fund
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NSAT Nationwide Global 97 158 212 367 34 104 176 367 * 104 176 367
Equity Fund
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NSAT Nationwide High Income 95 150 199 343 32 96 163 343 * 96 163 343
Bond Fund
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NSAT Nationwide Multi-Sector 94 149 197 338 31 95 161 338 * 95 161 338
Bond Fund
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NSAT Nationwide Select 97 158 212 367 34 104 176 367 * 104 176 367
Advisers Mid Cap Fund
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NSAT Nationwide Select 98 161 217 376 35 107 181 376 * 107 181 376
Advisers Small Cap Growth
Fund
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NSAT Nationwide Small Cap 96 153 205 352 33 99 169 352 * 99 169 352
Value Fund
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NSAT Nationwide Small 98 160 215 371 35 106 179 371 * 106 179 371
Company Fund
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NSAT Nationwide Strategic 95 152 202 347 32 98 166 347 * 98 166 347
Growth Fund
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NSAT Nationwide Strategic 95 152 202 347 32 98 166 347 * 98 166 347
Value Fund
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Van Eck Worldwide Insurance 98 161 217 376 35 107 181 376 * 107 181 376
Trust - Worldwide Emerging
Markets Fund
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Van Kampen Life Investment 96 154 206 355 33 100 170 355 * 100 170 355
Trust - Morgan Stanley Real
Estate Securities Portfolio
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</TABLE>
3. THE 1ST PARAGRAPH OF THE "DOLLAR COST AVERAGING" PROVISION LOCATED ON PAGE 31
OF YOUR PROSPECTUS IS AMENDED TO DELETE THE FOLLOWING SENTENCE:
"Contract owners may participate in this program if their contract value is
$15,000 or more."
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