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SUPPLEMENT DATED OCTOBER 1, 1997 TO
PROSPECTUS DATED MAY 1, 1997 FOR
INDIVIDUAL MODIFIED SINGLE PREMIUM VARIABLE ANNUITY CONTRACTS
ISSUED BY
NATIONWIDE LIFE INSURANCE COMPANY
THROUGH ITS
NATIONWIDE FIDELITY ADVISOR VARIABLE ACCOUNT
1. The following information is added to the "FEDERAL TAX CONSIDERATIONS"
section as the second provision:
PUERTO RICO
Under the Puerto Rico tax code, Distributions prior to Annuitization
are treated as nontaxable return of principal until the principal is fully
recovered; thereafter, all Distributions are fully taxable. Distributions
after Annuitization are treated as part taxable income and part nontaxable
return of principal. The amount excluded from gross income after
Annuitization is equal to the amount of the Distribution in excess of 3% of
the total Purchase Payments paid, until an amount equal to the total
Purchase Payments paid has been excluded; thereafter, the entire
Distribution is included in gross income. Puerto Rico does not impose an
early withdrawal penalty tax. Generally, Puerto Rico does not require
income tax to be withheld from Distributions of income. A personal tax
advisor should be consulted.
2. The "SYSTEMATIC WITHDRAWALS" provision is amended effective November 3,
1997 to reflect the following change in the table located on page 30 of the
Prospectus:
Contract Owner's Age Percentage of Contract Value
-------------------- ----------------------------
Under 59 1/2 5%
59 1/2 to 62 7%
62 to 65 8%
65 to 75 10%
75 and Over 13%
