Transcription of Nationwide DestinationSM [EV] Prospectus dated …
1 Not a deposit Not FDIC insured Not guaranteed by the institution Not insured by any federal government agency May lose valueNationwide DestinationSM [EV] Prospectus dated May 1, 2013An Individual Flexible Premium Deferred Variable Annuity Contract Issued by Nationwide Life Insurance Company Through its Nationwide Variable Account IINationwide DestinationSM [EV] Prospectus supplement dated July 2, 2018to the following Prospectus (es): Nationwide Destination All American Gold , Nationwide Destination All American Gold NY , Nationwide Destination B , Nationwide Destination B NY , Nationwide Destination EV NY , Nationwide Destination L NY , Nationwide Destination Navigator , Nationwide DestinationNavigator NY , BOA IV, BOA America s Vision Annuity, BOA America s Future Annuity II, BOAA chiever Annuity, BOA Future Venue Annuity, Nationwide Heritage Annuity, BOA Elite VenueAnnuity, Nationwide Destination All American Gold, Compass All American Gold, Key All AmericanGold, M&T All American Gold, Wells Fargo Gold Variable Annuity, Nationwide Destination B.
2 Nationwide Destination C, Nationwide Destination EV , Nationwide Destination L, NationwideDestination L , BOA All American Annuity, M&T All American, BOA America s Future Annuity,and BOA V dated May 1, 2018 BOA America s Exclusive Annuity II dated May 1, 2016 BOA America s Income Annuity and BOA Advisor Variable Annuity dated May 1, 2014 BOA Choice Annuity, Paine Webber Choice Annuity, BOA Choice Venue Annuity II, NationwideDestination EV, Nationwide Destination Navigator, and Nationwide Destination Navigator (NewYork) dated May 1, 2013 Schwab Income Choice Variable Annuity dated May 1, 2012 Schwab Custom Solutions Variable Annuity dated May 1, 2010 Nationwide Enterprise The Best of America Annuity May 1, 2008 This supplement updates certain information contained in your Prospectus .
3 Please read it and keep it with yourprospectus for future following disclosure changes are made to the Prospectus :(1) The Prospectus offers the following underlying mutual fund(s) as investment option(s). Effective July 30, 2018, thename of the investment option(s) are updated as indicated below:CURRENT NAMEUPDATED NAMEPIMCO Variable Insurance Trust - Foreign Bond Portfolio(unhedged): Advisor ClassPIMCO Variable Insurance Trust - International Bond Portfolio(unhedged): Advisor Class1 Prospectus supplement dated June 28, 2018to the following Prospectus (es): Nationwide Destination EV NY , Nationwide Destination B , Nationwide Destination B NY , Nationwide Destination L NY , Nationwide Destination All American Gold , NationwideDestination All American Gold NY , Nationwide Destination Navigator , NationwideDestination Navigator NY , Nationwide Destination All American Gold, Compass All AmericanGold, Key All American Gold, M&T All American Gold, Wells Fargo Gold Variable Annuity, BOAA chiever Annuity, America s Horizon Annuity, Nationwide Destination C, BOA Elite Venue Annuity,BOA Future Venue Annuity, Nationwide Heritage Annuity, Nationwide Destination L, NationwideDestination B.
4 Nationwide Destination EV , Nationwide Destination L , BOA America s FutureAnnuity II, Nationwide Destination Freedom+, America s marketFLEX II Annuity, America smarketFLEX Edge Annuity, America s marketFLEX Advisor Annuity, BOA All American Annuity,and Sun Trust All American dated May 1, 2018 America s marketFLEX Annuity dated May 1, 2016 BOA Choice Venue Annuity, BOA Choice Venue Annuity II, Nationwide Income Architect Annuity, Nationwide Destination EV, Nationwide Destination Navigator, and Nationwide DestinationNavigator (New York) dated May 1, 2013 Schwab Income Choice Variable Annuity dated May 1, 2012 Schwab Custom Solutions Variable Annuity dated May 1, 2010 This supplement updates certain information contained in your Prospectus .
5 Please read it and keep it with yourprospectus for future reference. On June 13, 2018, at a meeting of the Board of Trustees (the Board ) of Nationwide Variable Insurance Trust(the Trust ), the Board approved the termination of Boston Advisors, LLC as the subadviser to the NationwideVariable Insurance Trust NVIT Large Cap Growth Fund: Class II (the Fund ) and approved the appointment ofBNY Mellon Asset Management North America Corporation as the Fund s new subadviser. This change isanticipated to take effect on or about July 16, 2018 (the Effective Date ). As of the Effective Date, the Fund is renamed Nationwide Variable Insurance Trust NVIT Dynamic Fund: Class II.
6 All references in the Prospectus to the Fund s former name are replaced dated May 1, 2018to theNationwide Destination EV Prospectus dated May 1, 2013 This supplement updates certain information contained in the Prospectus . Please read it and keep it with theprospectus for future following disclosures are added to the Prospectus . These disclosures supersede any conflicting informationpresently included in the Prospectus . Nationwide will not pay insurance proceeds directly to minors. Contact a legal advisor for options to facilitate thetimely availability of monies intended for a minor s benefit. Nationwide does not recommend or endorse any particular fund and it does not provide investment advice.
7 Nationwide may substitute, eliminate, or combine shares of another underlying mutual fund for shares alreadypurchased or to be purchased in the future if either: 1) shares of a current underlying mutual fund are no longeravailable for investment; or 2) further investment in an underlying mutual fund is inappropriate. Nationwide willnot substitute shares of any underlying mutual fund in which the sub-accounts invest without any necessary priorapproval of the appropriate state or federal regulatory authorities. All affected contract owners will be notified inthe event there is a substitution, elimination, or combination of shares. The substitute underlying mutual fundmay have different fees and expenses.
8 Substitution may be made with respect to existing investments or theinvestment of future purchase payments, or following sections of the Prospectus are ) The Total Annual Mutual Fund Operating Expenses table, which shows the minimum and maximum totaloperating expenses, as of December 31, 2017, charged by the underlying mutual funds that a contract ownermay periodically pay while the contract is in force. More detail concerning each mutual fund s fees and expensesis contained in the mutual fund s ) The Legal Proceedings for Nationwide Life Insurance Company and Nationwide Investment ServicesCorporation, which describe certain information about the legal and regulatory proceedings that the Company issubject )
9 The Underlying Mutual Fund Information appendix, which contains information about the mutual funds availableto the contract owner through investment in the Annual Mutual Fund Operating ExpensesMinimumMaximumTotal Annual Mutual Fund Operating Expenses(expenses that are deducted from the mutual fund assets, including management fees,distribution (12b-1) fees, and other expenses) ProceedingsNationwide Life Insurance CompanyNationwide Financial Services, Inc. (NFS, or collectively with its subsidiaries, the Company ) was formed in November1996. NFS is the holding company for Nationwide Life Insurance Company (NLIC), Nationwide Life and Annuity InsuranceCompany (NLAIC) and other companies that comprise the life insurance and retirement savings operations of theNationwide group of companies ( Nationwide ).
10 This group includes Nationwide Financial Network (NFN), an affiliateddistribution network that markets directly to its customer base. NFS is incorporated in Delaware and maintains its principalexecutive offices in Columbus, Company is subject to legal and regulatory proceedings in the ordinary course of its business. These includeproceedings specific to the Company and proceedings generally applicable to business practices in the industries in whichthe Company operates. The outcomes of these proceedings cannot be predicted due to their complexity, scope, and manyuncertainties. The Company believes, however, that based on currently known information, the ultimate outcome of allpending legal and regulatory proceedings is not likely to have a material adverse effect on the Company s consolidatedPROS-2018-0291financial position.