CUNA MUTUAL LIFE VARIABLE ACCOUNT
24F-2NT, 1999-03-30
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                                   FORM 24F-2
                        Annual Notice of Securities Sold
                             Pursuant to Rule 24f-2


1.    Name and address of issuer:
           CUNA Mutual Life Variable Account
           2000 Heritage Way
           Waverly, Iowa  50677


2.    Name of each  series or class of  securities  for which this Form is filed
      (If the Form is being  filed for all series and classes of  securities  of
      the issuer, check the box but do not list series or classes): |X|



3.    Investment Company Act File Number:  811-3915

      Securities Act File Number:  2-87874


4(a). Last day of fiscal year for which this notice is filed: December 31, 1998

4(b).      Check box if this Form is being filed late (i.e., more than 90
           calendar days after the end of the issuer's fiscal year).  (See
           Instruction A.2)

      Note:  If the Form is being filed late, interest must be paid on the
      registration fee due.

4(c). Check box if this is the last time the issuer will be filing this Form.


5. Calculation of registration fee:

      (i) Aggregate sale price of securities
          sold during the fiscal year pursuant                      $2,797,705
          to section 24(f): 
      (ii)Aggregate  price of securities  
          redeemed or repurchased during the               $0
          fiscal year:
      (iii) Aggregate  price of securities  
          redeemed or  repurchased  during any
          prior fiscal year ending no earlier
          than October 11, 1995 that were not       $4,548,502
          previously used to reduce registration
          fees payable to the Commission:
      (iv)  Total available redemption credits
          [add Items 5(ii) and 5(iii):                             -$4,548,502

      (v) Net Sales - if Item 5(i) is greater
          than Item 5(iv) [subtract Item 5(iv)                              $0
          from Item 5(i)]:
      (vi)Redemption  credits  available  for 
          use in future years - if Item 5(i)
          is less than Item 5(iv) [subtract 
          Item 5(iv) from Item 5(i)]               $-1,750,797
      (vii) Multiplier for determining
          registration fee (See Instruction C.9):                     x.000278

      (viii)     Registration fee due [multiply
          Item 5(v) by Item 5(vii)] (enter "0"                              $0
          if no fee is due):


6.    Prepaid Shares

      If the  response to Item 5(i) was  determined  by  deducting  an amount of
      securities that were registered  under the Securities Act of 1933 pursuant
      to rule 24e-2 as in effect before October 11, 1997, then report the amount
      of  securities  (number of shares or other  units)  deducted  here: 0 . If
      there is a number of shares or other units that were  registered  pursuant
      to rule 24e-2  remaining  unsold at the end of the  fiscal  year for which
      this  form is filed  that are  available  for use by the  issuer in future
      fiscal years, then state that number here: 0 .


7.    Interest due - if this Form is being filed more than 90 days after the end
      of the issuer's fiscal year (see Instruction D):

                                                                              $0


8.    Total of the  amount of the  registration  fee due plus any  interest  due
      [line 5(viii) plus line 7]:

                                                                              $0


9.    Date  the  registration  fee  and any  interest  payment  was  sent to the
      Commission's lockbox depository:


           Method of Delivery:

                  Wire Transfer
                  Mail or other means


<PAGE>



                                   SIGNATURES

This  report has been  signed  below by the  following  persons on behalf of the
issuer and in the capacities and on the dates indicated.


                  By:   /s/ Michael B. Kitchen   
                      Michael B. Kitchen, President and Chief Executive Officer
                       CUNA Mutual Life Insurance Company



Date:                 03/29/99                                                




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