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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.
