| Rule 497(e) File Nos. 333-145333 811-22105 |
Individual Retirement Bonus VUL
A Flexible Premium Variable Universal Life Insurance Policy
offered by Great-West Life & Annuity Insurance Company
in connection with its COLI VUL-4 Series Account
Supplement dated September 24, 2012 to the
Prospectus and Statement of Additional Information dated May 1, 2012
This Supplement amends certain information contained in the Prospectus and Statement of Additional Information dated May 1, 2012.
Effective on or about September 24, 2012, GW Capital Management, LLC (doing business as Maxim Capital Management (MCM)) will be renamed Great-West Capital Management, LLC. Therefore all references to GW Capital Management, LLC in the Prospectus and Statement of Additional Information dated May 1, 2012 are hereby deleted and replaced with Great-West Capital Management, LLC and all references to MCM are hereby deleted.
Effective on or about September 24, 2012, Maxim Series Fund, Inc. will be renamed Great-West Funds, Inc. Therefore, all references to Maxim Series Fund, Inc. in the Prospectus and Statement of Additional Information dated May 1, 2012 are hereby deleted and replaced with Great-West Funds, Inc.
Effective on or about September 24, 2012, all funds within the former Maxim Series Fund, Inc. will be renamed, replacing ‘Maxim’ with ‘Great-West’ among other changes. The following portfolios available in the Prospectus have been changed, and all references to the Old Names in the Prospectus are hereby deleted and replaced with the New Names:
| OLD NAME | NEW NAME | |
| Maxim Aggressive Profile I Portfolio | Great-West Aggressive Profile I Fund | |
| Maxim Ariel Small-Cap Value Portfolio | Great-West Ariel Small Cap Value Fund | |
| Maxim Bond Index Portfolio | Great-West Bond Index Fund | |
| Maxim Conservative Profile I Portfolio | Great-West Conservative Profile I Fund | |
| Maxim Federated Bond Portfolio | Great-West Federated Bond Fund | |
| Maxim INVESCO ADR Portfolio | Great-West Invesco ADR Fund | |
| Maxim Janus Large Cap Growth Portfolio | Great-West Janus Large Cap Growth Fund | |
| Maxim Lifetime 2015 Portfolio II | Great-West Lifetime 2015 Fund II | |
| Maxim Lifetime 2025 Portfolio II | Great-West Lifetime 2025 Fund II | |
| Maxim Lifetime 2035 Portfolio II |
Great-West Lifetime 2035 Fund II | |
| Maxim Lifetime 2045 Portfolio II | Great-West Lifetime 2045 Fund II | |
| Maxim Lifetime 2055 Portfolio II | Great-West Lifetime 2055 Fund II |
| Maxim Loomis Sayles Bond Portfolio | Great-West Loomis Sayles Bond Fund | |
| Maxim Loomis Sayles Small-Cap Value Portfolio | Great-West Loomis Sayles Small Cap Value Fund | |
| Maxim MFS International Value Portfolio | Great-West MFS International Value Fund | |
| Maxim Moderate Profile I Portfolio | Great-West Moderate Profile I Fund | |
| Maxim Moderately Aggressive Profile I Portfolio | Great-West Moderately Aggressive Profile I Fund | |
| Maxim Moderately Conservative Profile I Portfolio | Great-West Moderately Conservative Profile I Fund | |
| Maxim Money Market Portfolio | Great-West Money Market Fund | |
| Maxim Short Duration Bond Portfolio | Great-West Short Duration Bond Fund | |
| Maxim T. Rowe Price Equity/Income Portfolio | Great-West T. Rowe Price Equity Income Fund | |
| Maxim T. Rowe Price MidCap Growth Portfolio | Great-West T. Rowe Price Mid Cap Growth Fund | |
| Maxim Templeton Global Bond Portfolio | Great-West Templeton Global Bond Fund | |
| Maxim U.S. Government Mortgage Securities Portfolio | Great-West U.S. Government Mortgage Securities Fund |
Aside from the changes detailed above, the terms of your contract are not affected in any manner.
This Supplement must be accompanied by, or read in conjunction with,
the Prospectus and Statement of Additional Information, dated May 1, 2012.
Please read this Supplement carefully and retain it for future reference.