Consent of Ernst & Young LLP, Independent Auditors


We  consent  to the  references  to  our  firm  under  the  captions  "Financial
Highlights  for Large Cap Growth  Fund and  Capital  Growth  Fund" and  Sections
4.1(i) and  4.2(h) of  "Representations  and  Warranties"  in  Appendix A in the
Combined Proxy  Statement/Prospectus  of the SBL Fund,  Series L relating to the
reorganization  into SBL Fund, Series G and to the incorporation by reference of
our report  dated  February 8, 2002 in the  Registration  Statement  (Form N-14)
filed with the Securities and Exchange Commission in this Registration Statement
on Form N-14.

                                                           /s/ Ernst & Young LLP

Kansas City, Missouri
May 30, 2002