Rule 497(e)
File Nos. 333-90449
811-09667
Supplement Dated June 29, 2009
To the Prospectus for the
Prestige Series Flexible Premium Variable Universal Life Policy
Dated May 1, 2003
Issued Through
CANADA LIFE OF AMERICA VARIABLE LIFE ACCOUNT 1
By
CANADA LIFE INSURANCE COMPANY OF AMERICA
This supplement amends certain information contained in your Prestige Series Variable Universal Life Policy prospectus. Please read this Supplement carefully and retain it for future reference.
Great-West Life & Annuity Insurance Company ("GWL&A") and Canada Life Insurance Company of America (CLICA) have executed an Agreement and Plan of Merger pursuant to which CLICA will merge with and into GWL&A. The consummation of the merger is subject to regulatory notices and approvals. The merger is expected to be effective on or about October 1, 2009.
Upon the consummation of the merger, the Canada Life of America Variable Life Account 1 will become a separate account of GWL&A, and all CLICA contracts will remain outstanding in accordance with their terms and become obligations of GWL&A.
This Supplement must be accompanied by, or read in conjunction with,
the Prospectus dated May 1, 2003.
Please keep this Supplement for future reference.