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SUPPLEMENT DATED JUNE 30, 2000 TO
PROSPECTUS DATED MAY 1, 2000 FOR
MODIFIED SINGLE PREMIUM VARIABLE LIFE INSURANCE POLICIES
ISSUED BY
NATIONWIDE LIFE INSURANCE COMPANY
THROUGH ITS
NATIONWIDE VLI SEPARATE ACCOUNT-3
THIS SUPPLEMENT UPDATES CERTAIN INFORMATION CONTAINED IN YOUR PROSPECTUS. PLEASE
READ IT AND KEEP IT WITH YOUR PROSPECTUS FOR FUTURE REFERENCE.
On June 27, 2000, the SEC issued an Order permitting Nationwide to reallocate
amounts in the American Century VP Advantage to the American Century VP Balanced
on July 28, 2000.
Beginning June 28, 2000, investors with allocations in the American Century VP
Advantage have 30 days in which to transfer allocations to any other available
underlying mutual fund or the Fixed Account.
The Exchange Date established for the substitution will be July 28, 2000. On the
Exchange Date, any allocations that remain in the American Century VP Advantage
will be redeemed. Such redemptions will then be used to purchase accumulation
units in the American Century VP Balanced. All policy owners affected by the
substitution will receive a written confirmation of the transaction.
From the Exchange Date through August 28, 2000, policy owners may reallocate
amounts that were substituted into the American Century VP Balanced to any other
available underlying mutual fund or the Fixed Account without being subject to
any transfer limitations or transfer fees, if any, as described in the policy.
For further information or forms, please contact Nationwide at:
1-800-547-7548
TDD: 1-800-238-3035
Nationwide Life Insurance Company
P.O. Box 182150
Columbus, Ohio 43218-2150
