<PAGE> 1
SUPPLEMENT DATED JANUARY 15, 1997 TO
PROSPECTUS DATED MAY 1, 1996 FOR
FLEXIBLE PREMIUM VARIABLE UNIVERSAL LIFE INSURANCE POLICIES
ISSUED BY
NATIONWIDE LIFE INSURANCE COMPANY
THROUGH ITS NATIONWIDE VLI SEPARATE ACCOUNT-2
This Supplement updates certain information contained in your Prospectus.
Please read it and keep it with your Prospectus for future reference.
1. Effective December 1, 1996, the Company hereby voluntarily waives
until further notice a portion of the monthly administrative expense
charge of $25 per month in the first year described in "Deductions and
Charges" at pages 7 and 8 and "Policy Charges" at pages 19 through 21
of the Prospectus so that such charge is reduced to $12.50 per month.
2. The Policy is available for purchase by individuals, corporations and
other groups. Effective March 1, 1997, for group or sponsored
arrangements, (which can include employees of the Company and their
family members) and for special exchange programs which the Company
may make available from time to time, the Company may waive all or any
portion of the sales load, the Surrender Charge, the monthly
administrative expense charge, the monthly cost of insurance charge or
other charges normally assessed on certain multiple life cases as
described in "Deduction and Charges" at pages 7 and 8 and "Policy
Charges" at pages 19 through 21 of the Prospectus if the size, nature
and economies of such multiple life cases will result in savings of
sales, underwriting or other costs.
Eligibility for these reductions and the amount of reductions will be
determined by a number of factors, including the number of lives to be
covered, the total premiums expected to be paid, total assets under
management for the Policy Owner, the nature of the relationship among
the insured individuals, the purpose for which the Policies are being
purchased, expected persistency of the Policies, and any other
circumstances which in the opinion of the Company are rationally
related to the expected reduction of expenses. The extent and nature
of reductions may change from time to time. Any variations in charge
structure will be administered in a uniform manner and will reflect
differences in costs or services and will not be unfairly
discriminatory to Policy Owners.
