The Nationwide Defined Protection Annuity is a single purchase payment deferred variable annuity, (VA) contract issued by Nationwide Life Insurance Company. This VA is referred to as a registered index linked annuity, RILA, or hybrid annuity – due to product features that resemble a fixed indexed annuity. Under this annuity, contract owners may lose principal. The performance of the annuity will be dependent on the underlying index selected and the level of downside protection chosen by the contract owner. The Defined Protection Annuity offers three Protection Levels:
- 100% Protection Level for maximum protection
- 95% Protection Level
- 90% Protection Level
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For additional information, please contact Nationwide at 1-800-321-6064.
TC118364(1220)1