Common use of Subaccount Clause in Contracts

Subaccount. A Subaccount is a part of a Variable Account. We use Subaccounts to account for your allocations of Net Premium and Cash Value among the Variable Account investment options available under your policy. The Subaccounts are listed on the Policy Data Page.

Appears in 5 contracts

Samples: Nationwide VLI Separate Account-7, Nationwide VL Separate Account-G, Nationwide VLI Separate Account-7

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Subaccount. A Subaccount is a part of a Variable Account. We use Subaccounts to account for your allocations of Net Premium and Cash Value among the Variable Account investment options available under your policyThe assets in each Subaccount are invested exclusively in a specified Fund. The Subaccounts are listed on the Policy Data Pagepolicy data page.

Appears in 3 contracts

Samples: Nationwide Vli Separate Account 4, Nationwide Vli Separate Account 5, Nationwide Vli Separate Account 5

Subaccount. A Subaccount is a part of a Variable Account. We use Subaccounts to account for your allocations of Net Premium and Cash Value among the Variable Account investment options available Funds under your policy. The assets in each Subaccount are invested exclusively in a specified Fund. The Subaccounts are listed on the Policy Data Page.

Appears in 1 contract

Samples: Nationwide Vli Separate Account 6

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Subaccount. A Subaccount is a part of a Variable Account. We use Subaccounts to account for your allocations of Net Premium and Cash Value among the Variable Account investment options available under your policyThe assets in each Subaccount are invested exclusively in a specified Fund. The Subaccounts are listed on the Policy Data Page.

Appears in 1 contract

Samples: Nationwide Vli Separate Account 5

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