SUPPLEMENT DATED JULY 9, 1999, TO
THE PROSPECTUS DATED MAY 1, 1999, FOR
VARIABLE SURVIVORSHIP UNIVERSAL LIFE
A FLEXIBLE PREMIUM VARIABLE 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.
The following sentence is added to the end of the second enumerated item in the
"Monthly Deductions from Your Account Value" subsection on page 9 and to the end
of the first paragraph in the "Monthly Administrative Charge" subsection on page
53:
"This charge applies to the first $2,500,000 of the greater of the
stated death benefit or the target death benefit."
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