AMERITAS VARIABLE LIFE INSURANCE CO SEPARATE ACCOUNT V
485BPOS, EX-99.7., 2000-11-22
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                                   EXHIBIT 7.

                        Consent of Deloitte & Touche LLP.



<PAGE>
INDEPENDENT AUDITORS' CONSENT



We consent to the  incorporation by reference in this  Post-Effective  Amendment
No.  7 to  Registration  Statement  No.  333-15585  of  Ameritas  Variable  Life
Insurance  Company  Separate Account V on Form S-6 of our reports dated February
5, 2000, on the financial statements of Ameritas Variable Life Insurance Company
and the subaccounts of Ameritas Variable Life Insurance Company Separate Account
V appearing in the  Prospectus,  included in  Post-Effective  Amendment No. 6 to
Registration  Statement  No.  333-15585,  and to the  reference  to us under the
heading "Experts" in such Prospectus.



/s/ Deloitte & Touche LLP



Lincoln, Nebraska
November 21, 2000


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