Variable Survivorship Supplement February 26, 2001

-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, VxNSgVrVDkj4yI8GnOf6DHoG3EU/KGq9VaRo7p6+ryvAvx1Ecbv6RBLyZchmny/3 Yp9z6x3To4fFsGeamCafNg== 0000917677-01-500012.txt : 20010307 0000917677-01-500012.hdr.sgml : 20010307 ACCESSION NUMBER: 0000917677-01-500012 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010301 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SECURITY LIFE SEPARATE ACCOUNT L1 CENTRAL INDEX KEY: 0000917677 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 840499703 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: SEC FILE NUMBER: 333-72753 FILM NUMBER: 1558669 BUSINESS ADDRESS: STREET 1: 1290 BROADWAY STREET 2: C/O SECURITY LIFE CENTER CITY: DENVER STATE: CO ZIP: 80203 BUSINESS PHONE: 3038601290 MAIL ADDRESS: STREET 1: 1290 BROADWAY CITY: DENVER STATE: CO ZIP: 80203-5699 497 1 vsulsupp.htm VARIABLE SURVIVORSHIP SUPP Variable Survivorship Supplement February 26, 2001

Supplement Dated February 26, 2001, to
Prospectus Dated May 1, 2000, for
VARIABLE SURVIVORSHIP UNIVERSAL LIFE
A Flexible Premium Variable Universal Life Insurance Policy
Issued by
Security Life of Denver Insurance Company
And its
Security Life Separate Account L1

This supplement updates certain information contained in your Prospectus. Please read it carefully and keep it with your Prospectus for future reference.

As the owner of a specified fixed survivorship insurance policy issued by us (an "Old Policy"), you may be entitled to purchase a Variable Survivorship policy (a "New Policy") by exchanging your Old Policy. The New Policy may include one or more of the reductions or waivers described under "Group or Sponsored Arrangements, or Corporate Purchasers" on page 50 of your prospectus.

We pay reduced distribution allowances for sales of New Policies.

Purchasing a New Policy could trigger significant, and potentially adverse, tax consequences. Please consult with your tax adviser before purchasing a New Policy. You should consult with your agent/registered representative or contact our customer service unit for additional information. This supplement does not provide tax, legal or investment advice, and you should consult with your tax adviser and attorney prior to purchasing a New Policy.

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