Supplement dated August 22, 2022
to the
Prospectus dated May 1, 2022
and
Updating Summary Prospectus dated May 1, 2022
for
Executive Benefit VUL II
issued by
Great-West Life & Annuity Insurance Company
COLI VUL-2 Series Account
This Supplement amends certain information contained in the above-referenced Prospectus and Updating Summary Prospectus. Please read this Supplement carefully and retain it for future reference.
Great-West Life & Annuity Insurance Company (the Company) and other entities within the Companys corporate group, including the underlying variable insurance funds historically marketed under the Great-West Funds brand, have adopted the brand name Empower. Accordingly, the names of the entities identified below have been changed to reflect the Empower brand name as of August 1, 2022.
The Company is now Empower Annuity Insurance Company of America.
GWL&A Financial Inc., the Companys direct parent, is now Empower Holdings, Inc.
The names of the following Funds available under your Policy have been changed as set forth below:
Old Fund Name |
New Fund Name |
Great-West Aggressive Profile Investor |
Empower Aggressive Profile Investor |
Great-West Ariel Mid Cap Value Investor |
Empower Ariel Mid Cap Value Investor |
Great-West Bond Index Investor |
Empower Bond Index Investor |
Great-West Conservative Profile Investor |
Empower Conservative Profile Investor |
Great-West Core Bond Investor |
Empower Core Bond Investor |
Great-West Emerging Markets Equity Investor |
Empower Emerging Markets Equity Investor |
Great-West Global Bond Investor |
Empower Global Bond Investor |
Great-West Government Money Market Investor |
Empower Government Money Market Investor |
Great-West Inflation-Protected Securities Investor |
Empower Inflation-Protected Securities Investor |
Great-West International Index Investor |
Empower International Index Investor |
Great-West International Value Investor |
Empower International Value Investor |
Great-West Large Cap Growth Investor |
Empower Large Cap Growth Investor |
Great-West Large Cap Value Investor II |
Empower Large Cap Value Investor II |
Great-West Lifetime 2015 Investor |
Empower Lifetime 2015 Investor |
Great-West Lifetime 2020 Investor |
Empower Lifetime 2020 Investor |
Great-West Lifetime 2025 Investor |
Empower Lifetime 2025 Investor |
Great-West Lifetime 2030 Investor |
Empower Lifetime 2030 Investor |
Great-West Lifetime 2035 Investor |
Empower Lifetime 2035 Investor |
Great-West Lifetime 2040 Investor |
Empower Lifetime 2040 Investor |
Great-West Lifetime 2045 Investor |
Empower Lifetime 2045 Investor |
Great-West Lifetime 2050 Investor |
Empower Lifetime 2050 Investor |
Great-West Lifetime 2055 Investor |
Empower Lifetime 2055 Investor |
Great-West Lifetime 2060 Investor |
Empower Lifetime 2060 Investor |
Great-West Mid Cap Value Investor |
Empower Mid Cap Value Investor |
Great-West Moderate Profile Investor |
Empower Moderate Profile Investor |
Great-West Moderately Aggressive Portfolio Investor |
Empower Moderately Aggressive Portfolio Investor |
Great-West Moderately Conservative Portfolio Investor |
Empower Moderately Conservative Portfolio Investor |
Great-West Multi-Sector Bond Investor |
Empower Multi-Sector Bond Investor |
Great-West Real Estate Index Investor |
Empower Real Estate Index Investor |
Great-West S&P Mid Cap 400® Index Investor |
Empower S&P Mid Cap 400® Index Investor |
Great-West S&P Small Cap 600® Index Investor |
Empower S&P Small Cap 600® Index Investor |
Great-West Short Duration Bond Investor |
Empower Short Duration Bond Investor |
Great-West Small Cap Growth Investor |
Empower Small Cap Growth Investor |
Great-West Small Cap Value Investor |
Empower Small Cap Value Investor |
Great-West T. Rowe Price Mid Cap Growth Investor |
Empower T. Rowe Price Mid Cap Growth Investor |
Great-West US Government Securities Investor |
Empower US Government Securities Investor |
* * *
For more information about your Policy, please refer to the Prospectus, which is available online at www.protective.com/productprospectus. More information about the Funds is available in the prospectuses for the Funds, which can be found online at www.protective.com/eprospectus