SECURITY FIRST LIFE SEPARATE ACCOUNT A
497, 1998-12-07
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                     SECURITY FIRST LIFE SEPARATE ACCOUNT A
                   SUPPLEMENT TO PROSPECTUS DATED MAY 1, 1998
                                DECEMBER 10, 1998

The following paragraph should be inserted as the second paragraph of Dollar
Cost Averaging on page 15.

From time to time, Security First Life may credit increased interest rates to
Owners under certain programs established at the discretion of Security First
Life. Effective December 10, 1998, new Owners may enroll in a special
pre-authorized transfer program known as Security First Life's Enhanced Dollar
Cost Averaging Program (the "EDCA Program"). Under this EDCA Program, Owners who
enroll can allocate a minimum $10,000 initial Purchase Payment into the General
Account and pre-authorize transfers from the General Account to any of the
Series of the Separate Account under either a 6 month transfer program or a 12
month transfer program. The 6 month transfer program and the 12 month transfer
program will generally have different credited interest rates. Under each
program, the initial Purchase Payment and accrued interest must be transferred
to the selected Series in substantially equal monthly installments over the 6 or
12 month period elected.




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