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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 UQgey94zgbP0odE5oSajqCppHvNhm1W1ot6F8MCfTtWCAjQ8o5jMWmMmK/s/zFop
 ZiIn/vN65suolvXMxnRAVQ==

<SEC-DOCUMENT>0000917677-99-000044.txt : 19990910
<SEC-HEADER>0000917677-99-000044.hdr.sgml : 19990910
ACCESSION NUMBER:		0000917677-99-000044
CONFORMED SUBMISSION TYPE:	N-30D
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	19990630
FILED AS OF DATE:		19990909

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:		N-30D
		SEC ACT:		
		SEC FILE NUMBER:	811-08292
		FILM NUMBER:		99708209

	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
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-30D
<SEQUENCE>1
<DESCRIPTION>SECURITY LIFE L1
<TEXT>

[logo of Security Life appears here]


September 9, 1999

Via EDGAR

Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549


Re: Security Life Separate Account L1: File No. 811-08292; CIK No. 0000917677

Commissioners:

As required by Rule 30d-2 under the Investment Company Act of 1940, as amended,
(the "Act"), Separate Account L1, a unit investment trust, registered under the
Act, recently mailed to its contract owners the semi-annual reports for the
underlying management investment companies (the "Underlying Funds"). This filing
constitutes the filing of those reports as required by Rule 30b2-1 under the
Act.

Pursuant to Rule 30b2-1 under the Act, the Underlying Funds have filed their
semi-annual reports with the Commission via EDGAR. Those filings are
incorporated herein by reference.

Please do not hesitate to call me at (303) 860-2127 with any questions.

Sincerely,


/s/ Tamara D. Barkdoll
Tamara D. Barkdoll
Assistant General Counsel
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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