0001193125-13-461957.txt : 20131204 0001193125-13-461957.hdr.sgml : 20131204 20131204151022 ACCESSION NUMBER: 0001193125-13-461957 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20131204 DATE AS OF CHANGE: 20131204 EFFECTIVENESS DATE: 20131204 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COLI VUL 2 SERIES ACCOUNT CENTRAL INDEX KEY: 0001075796 IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-70963 FILM NUMBER: 131256992 BUSINESS ADDRESS: STREET 1: 8515 EAST ORCHARD RD CITY: GREENWOOD VILLAGE STATE: CO ZIP: 80111 BUSINESS PHONE: 303-737-3000 MAIL ADDRESS: STREET 1: 8515 EAST ORCHARD RD STREET 2: 2T3 CITY: GREENWOOD VILLAGE STATE: CO ZIP: 80111 0001075796 S000011535 COLI VUL 2 SERIES ACCOUNT C000031797 COLI VUL 2 SERIES ACCOUNT 497 1 d639298d497.htm COLI VUL 2 COLI VUL 2

Rule 497(e)

File Nos. 333-70963

and 811-09201

Executive Benefit VUL II – Prospectus

A Flexible Premium Variable Universal Life Insurance Policy

offered by Great-West Life & Annuity Insurance Company

in connection with its COLI VUL-2 Series Account

Supplement dated December 4, 2013 to the

Prospectus dated May 1, 2013

This Supplement amends certain information contained in the Prospectus dated May 1, 2013.

Effective immediately, the Prospectus is revised to clarify that the Change of Insured Rider is available only to non-individual Owners, as follows:

 

 

1.

Item number two under the subsection titled “Supplemental Benefits” on page 6 within the section titled “Summary of the Policy and its Benefits” is deleted and replaced with the following:

“2. Change of Insured (not available to individual Owners).”

 

 

2.

The heading and first sentence of the third paragraph of page 31 of the Prospectus in the section titled “Change of Insured Rider” are deleted and replaced with the following:

“Change of Insured Rider (Not available to individual purchasers). This rider permits you to change the Insured under your Policy.”

Effective immediately, the Prospectus is revised to clarify that the return of expense charge provision applies to all purchasers, as follows:

 

 

1.

The first sentence in the fifth paragraph on page 21 of the Prospectus in the section titled “Expense Charges Applied to Premium” is deleted and replaced with the following:

“Where permitted by applicable state insurance law, if your Policy is surrendered for the Surrender Benefit (Account Value less any outstanding Policy loans and less accrued loan interest) within the first six Policy Years, we will return a percentage of the expense charge.”

This Supplement must be accompanied by or read in conjunction with the

current Prospectus dated May 1, 2013.

Please keep this Supplement for future reference.