<PAGE> 1
U.S SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 24F-2
ANNUAL NOTICE OF SECURITIES SOLD
PURSUANT TO RULE 24F-2
- -------------------------------------------------------------------------------
1. Name and address of issuer: Nationwide VLI Separate Account
One Nationwide Plaza
Columbus, Ohio 43216
- -------------------------------------------------------------------------------
2. Name of each series or class of funds for which this notice is filed:
Nationwide VLI Separate Account - Variable Life Insurance Policies
- -------------------------------------------------------------------------------
3. Investment Company Act File Number: 811-4399
Securities Act File Number: 33-00145, 33-35698, 33-44290
- -------------------------------------------------------------------------------
4. Last day of fiscal year for which this notice is filed: December 31, 1995
- -------------------------------------------------------------------------------
5. Check box if this notice is being filed more than 180 days after the close
of the issuer's fiscal year for purposes of reporting securities sold after
the close of the fiscal year but before termination of the issuer's 24f-2
declaration:
[ ]
- -------------------------------------------------------------------------------
6. Date of termination of issuer's declaration under rule 24f-2(a)(1), if
applicable (see Instruction A.6):
N/A
- -------------------------------------------------------------------------------
7. Number and amount of securities of the same class or series which had been
registered under the Securities Act of 1933 other than pursuant to rule 24f-2
in a prior fiscal year, but which remained unsold at the begininng of the
fiscal year:
N/A
- -------------------------------------------------------------------------------
8. Number and amount of securities registered during the fiscal year other than
pursuant to rule 24f-2:
N/A
- -------------------------------------------------------------------------------
9. Number and aggregate sale price of securities sold during the fiscal year:
N/A
- -------------------------------------------------------------------------------
<PAGE> 2
- -------------------------------------------------------------------------------
10. Number and aggregate sale price of securities sold during the fiscal year
in reliance upon registration pursuant to rule 24f-2:
39,639
- -------------------------------------------------------------------------------
11. Number and aggregate sale price of securities issued during the fiscal year
in connection with dividend reinvestment plans, if applicable (see
Instruction B.7):
N/A
- -------------------------------------------------------------------------------
12. Calculation of registration fee:
(i) Aggregate sale price of securities sold during the
fiscal year in reliance on rule 24f-2 (from Item 10): $ 39,639
--------------
(ii) Aggregate price of shares issued in connection with
dividend reinvestment plans (from Item 11, if
applicable): + N/A
--------------
(iii) Aggregate price of shares redeemed or repurchased
during the fiscal year (if applicable): -(14,428,519)
--------------
(iv) Aggregate price of shares redeemed or repurchased
and previously applied as a reduction to filing fees
pursuant to rule 24e-2 (if applicable): + N/A
--------------
(v) Net aggregate price of securities sold and issued
during the fiscal year in reliance on rule 24f-2
[line (i), plus line (ii), less line (iii), plus line
(iv)] (if applicable): (14,388,880)
--------------
(vi) Multiplier prescribed by Section 6(b) of the Securities
Act of 1933 or other applicable law or regulation (see x 1/2900
Instruction C.6): --------------
(vii) Fee due [line (i) or line (v) multiplied by line (vi)]: $ 0.00
==============
- -------------------------------------------------------------------------------
13. Check box if fees are being remitted to the Commission's lockbox depository
as described in section 3a of the Commission's Rules of Informal and Other
Procedures (17 CFR 202.3a).
[ ]
Date of mailing or wire transfer of filing fees to the Commission's lockbox
depository:
N/A
- -------------------------------------------------------------------------------
SIGNATURES
This report has been signed below by the following persons on behalf of the
issuer and in the capacities and on the dates indicated.
By (Signature and Title)
-----------------------------------
Robert O. Cline, Associate Vice President,
Financial Operations
-----------------------------------
Date
----------------------
<PAGE> 3
DRUEN, RATH & DIETRICH
ATTORNEYS AT LAW
ONE NATIONWIDE PLAZA
COLUMBUS, OHIO 43216
(614) 249-7617
BRIAN BACON ROBERT M. PARSONS TELECOPIER
THOMAS E. BARNES THOMAS J. PRUNTE
ROGER A. CRAIG JOSEPH P. RATH (614) 249-2418
ELIZABETH A. DAVIN ARLENE L. REILLY
THOMAS W. DIETRICH LUCINDA A. REYNOLDS WRITER'S DIRECT DIAL NUMBER
W. SIDNEY DRUEN SANDRA L. RICH
JEANNE A. GRIFFIN DANIEL R. RUPP
LEROY JOHNSTON, III STEVEN R. SAVINI
MARK B. KOOGLER ANNE DANZA SAXON
WALTER R. LEAHY THERESA R. SCHAEFER
GOERGE K. MACKLIN W. JOSEPH SCHLEPPI
RANDALL W. MAY DAVID E. SIMAITIS
M. LINDA MAZZITTI KENT N. SIMMONS
REGINALD C. MOMAH LEE A. THORNBURY
SANDRA L. NEELY PHILLIP W. WHITAKER
PETER J. OESTERLING DAVID L. WHITE
RANDALL L. ORR
Practice Limited to Nationwide Insurance Companies
and their associated companies
Nationwide Life Insurance Company
One Nationwide Plaza
Columbus, Ohio 43216
Re: Registration of securities pursuant to Rule 24f-2, on behalf of the
Nationwide VLI Separate Account
File No. 811-4399
Ladies and Gentlemen:
In connection with the Rule 24f-2 Notice prepared on behalf of the
Nationwide VLI Separate Account of Nationwide Life Insurance Company and the
payment of registration fees to the Securities and Exchange Commission for
securities issued by such registrant during the year ended December 31, 1995
pursuant to said Rule, we are of the opinion that the securities the
registration of which the Notice makes definite in amount were legally issued,
fully paid and non-assessable.
Sincerely,
/s/ Druen, Rath & Dietrich
Druen, Rath & Dietrich
cw
