SECURITY LIFE SEPARATE ACCOUNT L1
485BPOS, 1999-04-12
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     As filed with the Securities and Exchange Commission on April 12, 1999

                                                       Registration No. 33-74190

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                -----------------
                                    FORM S-6
                FOR REGISTRATION UNDER THE SECURITIES ACT OF 1933
                     OF SECURITIES OF UNIT INVESTMENT TRUSTS
                            REGISTERED ON FORM N-8B-2


                         Post-Effective Amendment No. 9
                                -----------------
                        SECURITY LIFE SEPARATE ACCOUNT L1
                              (Exact Name of Trust)



                    SECURITY LIFE OF DENVER INSURANCE COMPANY
                               (Name of Depositor)
                                  1290 Broadway
                           Denver, Colorado 80203-5699
              (Address of Depositor's Principal Executive Offices)



                                                Copy to:
GARY W. WAGGONER, ESQ.                          KIMBERLY J. SMITH, ESQ.
Security Life of Denver Insurance Company       Sutherland Asbill & Brennan LLP
1290 Broadway                                   1275 Pennsylvania Avenue, NW
Denver, Colorado 80203-5699                     Washington, D.C. 20004-2415
                                                (202) 383-0314

(Name and Address of Agent for Service)


                          ----------------------------


It is proposed that this filing will become effective:

         ____   on April 15, 1999 pursuant to paragraph (a) of Rule 485
         ____   60 days after filing pursuant to paragraph (a) of Rule 485
           X    on May 1, 1999 pursuant to paragraph (b) of Rule 485
         ----
         ____   immediately upon filing pursuant to paragraph (b) of Rule 485
           X    this post-effective amendment designates a new effective date
         ----       for a previously filed post-effective amendment


Title of securities being registered: Variable life insurance policies.

The Prospectus and Part II included in Post-Effective Amendment No. 8 to the
Form S-6 Registration Statement of Security Life of Denver Insurance Company and
its Security Life Separate Account L1, filed with the Securities and Exchange
Commission on January 26, 1999 (File No. 33-74190), are each incorporated herein
by reference.


                                   SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, Security Life of
Denver Insurance Company and the Registrant, Security Life Separate Account L1,
certify that they meet all the requirements for effectiveness of this
Registration Statement pursuant to Rule 485(b) under Securities Act of 1933 and
have duly caused this Post-Effective Amendment No. 9 to the Registration
Statement to be signed on their behalf by the undersigned, hereunto duly
authorized, and their seal to be hereunto fixed and attested, all in the City
and County of Denver and the State of Colorado on the 12th day of April, 1999.


                             SECURITY LIFE OF DENVER INSURANCE COMPANY
                             (Depositor)


                             BY: /s/ Stephen M. Christopher
                                ------------------------------------------
                                Stephen M. Christopher
                                President
(Seal)

ATTEST:


  /s/ Gary W. Waggoner
- -----------------------------
Gary W. Waggoner




                             SECURITY LIFE SEPARATE ACCOUNT L1
                             (Registrant)

                             BY: SECURITY LIFE OF DENVER INSURANCE COMPANY
                             (Depositor)


                             BY: /s/ Stephen M. Christopher
                                 -----------------------------------------
                                 Stephen M. Christopher
                                 President

(Seal)

ATTEST:


 /s/ Gary W. Waggoner
- -----------------------------
 Gary W. Waggoner



<PAGE>


Pursuant to the requirements of the Securities Act of 1933, this Post-Effective
Amendment No. 9 to the Registration Statement has been signed below by the
following persons in the capacities with Security Life of Denver Insurance
Company and on the date indicated.


PRINCIPAL EXECUTIVE OFFICERS:


/s/  Stephen M. Christopher
- ------------------------------------------
Stephen M. Christopher
President, Chief Executive Officer and Director


/s/  Jim Livingston
- ------------------------------------------
Jim Livingston
Chief Operations Officer


PRINCIPAL ACCOUNTING OFFICER:


 /s/  Shari A. Enger
- ------------------------------------------
Shari A. Enger
Vice President - Controller


DIRECTORS:


- ------------------------------------------
Thomas F. Conroy


  /s/ Linda B. Emory
- ------------------------------------------
Linda B. Emory


 /s/ Michael W. Cunningham
- ------------------------------------------
Michael W. Cunningham


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