form497e030110.htm
Rule
497(e)
File Nos.
333-145333 and 811-22105
Key
Business VUL – Prospectus
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 March 1, 2010
To
the Prospectus dated May 1, 2009
On April
30, 2010, the Federated Kaufmann Fund II will be closed to new
owners.
Accordingly,
the reference to the Federated Kaufmann Fund II on page 19 of the Prospectus is
deleted in its entirety and replaced with the following:
Federated Kaufmann Fund II
(Primary Shares) seeks capital appreciation by investing primarily in the stocks
of small and medium-sized companies that are traded on national security
exchanges, the NASDAQ stock market and on the over-the-counter
market. Up to 30% of the Fund’s net assets may be invested in foreign
securities. Solely for purposes of complying with this policy an issuer’s
security will be considered to be a foreign security if the security is
denominated in a foreign currency or purchased on a securities exchange outside
the United States. The Adviser’s and Sub-Adviser’s process for
selecting securities is bottom-up and growth-oriented. Effective
April 30, 2010, the Division investing in this Fund was closed to new Owners;
however, Owners with amounts in the Division as of April 30, 2010, may continue
to allocate Premium payments and Transfer amounts into and out of this
Division.
Sub-Advised
by Federated Global Investment Management Corp.
Advised
by Federated Equity Management Company of Pennsylvania.
This
Supplement must be accompanied by, or read in conjunction with, the
Prospectus dated May 1,
2009. Please
keep this Supplement for future reference.