SECURITY EQUITY LIFE INSURANCE COMPANY
PROSPECTUS SUPPLEMENT
Dated August 31, 1999
This page supplements Security Equity Life Insurance Company's variable product
prospectuses as set forth below. Please keep this supplement with your
prospectus for future reference.
GenAmerica Corporation and Metropolitan Life Insurance Company have announced a
definitive agreement whereby MetLife will acquire GenAmerica and its
subsidiaries, including Security Equity Life Insurance Company. The acquisition
will not affect any of the terms or conditions of your contract or make MetLife
a party to your contract. The transaction is expected to be completed in
approximately four to six months and is subject to regulatory approval and
certain other conditions.
Headquartered in New York City since 1868, MetLife is a leading provider of
insurance and financial services to a broad spectrum of individual and group
customers. The company, with approximately $357.7 billion worth of assets under
management as of December 31, 1998, provides individual insurance and investment
products to approximately 9 million households in the United States. MetLife
also serves over 33 million people by providing group insurance and investment
products to corporations and other institutions.