Voya Corporate VULIssued by Security Life of Denver Insurance Company

Facts At-A-Glance

Potential advantages ● Designed to potentially generate

first year cash surrender value up to or greater than 100% of premiums paid which may strengthen a company’s balance sheet

● Approximately 60 variable investment options from leading investment management firms

● Strong asset allocation solutions

● Three death benefit options

● Overloan Lapse Protection Rider

Think about your business. What makes it a success?

Did you say “my employees?” Many business owners do. It’s your top executives with the talent and motivation who have helped you successfully grow your business. They’re your most valuable asset. So how do you keep them?

Many businesses are turning to executive benefit plans, such as:

— Non-qualified Deferred Compensation (NQDC)

— Supplemental Executive Retirement Plans (SERP)

— 401(k) Look-Alike Plans — Endorsement Split Dollar Plans

Now using Voya Corporate Variable Universal Life insurance issued by Security Life of Denver Insurance Company in an executive benefit plan can help you reward and retain your talented employees, and even give you the power to recruit more. All while gaining business protection and strength.

AJO, L.P.

BAMCO, Inc.

BlackRock Advisors, LLC

BlackRock International Limited

BlackRock Investment Management, LLC

Capital Research and Management CompanySM

CBRE Clarion Securities LLC

Columbia Management Investment Advisers, LLC

DSM Capital Partners LLC

Fidelity Management & Research Company

Franklin Mutual Advisers, LLC

Frontier Capital Management Company, LLC

Invesco Advisers, Inc.

J.P. Morgan Investment Management Inc.

M Financial Investment Advisers, Inc.

Neuberger Berman, LLC

Neuberger Berman Management LLC

Northern Cross, LLC

OppenheimerFunds, Inc.

T. Rowe Price Associates, Inc.

Templeton Investment Counsel, LLC

The London Company

Voya® Investment Management Co. LLC

For a complete listing of the variable investment options available through the Voya Corporate VUL product (along with their fees and charges), please see the prospectus.Variable insurance products are subject to investment risk, are not guaranteed and will fluctuate in value. In addition, there is no guarantee that any variable investment option will meet its stated objective. For more information on Voya Corporate Variable Universal Life insurance, contact your registered representative.

Before investing, carefully consider your need for life insurance coverage and the charges and expenses of the variable universal life insurance policy. Also consider the investment objectives, risks, fees, and charges of each underlying variable investment option. This and other information is contained in the prospectuses for the variable universal life insurance policy and the underlying variable investment options. Obtain these prospectuses from your registered representative, by calling 877-253-5050, or from Voya.com and read them carefully before investing.

Investment management firms

Policy featuresSurrender value enhancement The surrender value in your policy will be increased by a percentage of the

total account value based on the chart below. This enhancement can boost your surrender value which, in turn, could strengthen your company balance sheet.This enhancement is not available if your surrender is made to another insurer as part of a Section 1035 exchange. Certain other conditions and restrictions may apply.

Enhancement factor

Policy year Current Guaranteed1 8.00% 5.00%2 6.00% 2.50%3 4.00% 0.00%4 2.00% 0.00%5 0.00% 0.00%

Surrender charge: None.

Guaranteed interest division The guaranteed interest division is a part of Security Life of Denver Insurance Company’s general account.

● Pays interest at a declared rate in effect for at least 12 months (policy year). ● 3% minimum guarantee.

Death benefit options Choose between three death benefit options:Option 1: Stated death benefit. Option 2: Stated death benefit, plus the account value. (The death benefit

may increase or decrease according to account value.)Option 3: Stated death benefit, plus the total premiums paid less the

partial withdrawals.

Designated deduction option To allow policy owners more control over the amounts allocated in selected variable investment options, they may designate one option, including the guaranteed interest division, in which they have money allocated from which monthly deductions will be taken.

● Does not include loan division. ● If no deduction option is chosen, or if the amount in the designated option

is not sufficient to cover the total expenses, charges will be taken from the variable investment options and guaranteed interest division in the same proportion that the account value in each option is to the total net account value.

Right to examine period Owners have the right to examine the policy and return it if they are not satisfied with the policy as issued. (Subject to state law.)

● Free look begins the date the policy is delivered. ● Request to cancel the policy must be received within state’s specified time

limit. ● Refund of premiums received or account value plus charges deducted, as

required by state law and shown in the policy.

Issue requirements Issue ages:Fully underwritten: ages 16–80 Guaranteed issue: ages 16–70Minimum target death benefit:Fully underwritten: $100,000 Guaranteed issue: $50,000

Fees and charges Transaction fees and chargesPremium expense charge We deduct a premium expense charge from each premium payment.

Segment year Up to segment target premium Above segment target premium

1-5 8.00% 4.00%

6+ 4.00% 4.00%

Transaction fees ● $10 for each partial withdrawal. ● $25 fee may be charged for each illustration beyond the first in a poiicy year.

Monthly deductions from account valueCost of insurance (COI) charge: COI rates vary according to underwriting type, risk class, sex, issue age, and policy duration.Mortality and expense (M&E) charge: Each month we deduct from your policy value a mortality and expense risk charge based on underwriting type, policy year and the amount invested in the subaccounts according to the following current rates:

Underwriting type Policy years 1 - 10 Policy years 11 - 20 Policy years 21+

Fully underwritten 0.0458% (0.55% annually)

0.0292% (0.35% annually)

0.0167% (0.20% annually)

Select guaranteed issue 0.0458% (0.55% annually)

0.0292% (0.35% annually)

0.0167% (0.20% annually)

Regular guaranteed issue 0.05% (0.60% annually)

0.05% (0.60% annually)

0.05% (0.60% annually)

The guaranteed maximum monthly mortality and expense risk charge that we may assess is 0.05% (0.60% annually) in all policy yearsPolicy charge: Each month we deduct a policy charge based on underwriting type, policy year, and amount of stated death benefit according to the following current rates:

Underwriting type/policy years

Stated death benefit less than

$150,000

Stated death benefit $150,000 -

$249,999.99

Stated death benefit greater than or

equal to $250,000

Fully underwritten policy years 1-10 $20 $20 $10

Select guaranteed issue policy years 1-10 $25 $20 $10

Regular guaranteed issue policy years 1-10 $30 $25 $20

All policy years 11+ $ 5 $ 5 $ 5

The guaranteed maximum monthly policy charge that we may assess is $30 in policy years 1 – 10 and $5 in all policy years thereafter.Administrative charge: Each month we deduct an administrative charge based on underwriting type, risk class, issue age, and segment years. As a general rule, the current administrative charge rates for a guaranteed issue policy are higher than those for a fully underwritten policy.Rider charges: Varies depending on the rider benefits selected.

Loans Unless otherwise required by state law, the minimum loan is $100. The maximum loan is the net account value minus monthly deductions and interest to the next anniversary.

● 3.75% current annual interest rate in policy years 1-10, guaranteed not to increase. ● 3% current and 3.15% guaranteed maximum in years 10+. ● Loan division credited 3% annual interest. ● Loan may be taken from one investment option or a combination of investment

options, including the fixed account. Policy loan and partial withdrawal provisions may vary by state, generate an income tax liability, reduce available cash value and reduce the death benefit or cause the policy to lapse.

Voya.com

Voya Corporate Variable Universal Life [Form Series #2516(VUL)-09/07], varies by state and may not be available in all states, is issued by Security Life of Denver Insurance Company (Denver, CO) and distributed by Voya America Equities, Inc. Both are members of the Voya® family of companies.

Variable insurance products are not guaranteed, are subject to investment risk, and will fluctuate in value. In addition, there is no guarantee that any variable investment option will meet its stated objective. All guarantees are based solely on the financial strength and claims-paying ability of Security Life of Denver Insurance Company, which is solely responsible for the obligations under its policies.

©2017 Voya Services Company. All rights reserved. CN0619-35299-0719

144912 07/17/2017

Partial withdrawals Up to 12 partial withdrawals per policy year may be requested after the first policy anniversary.

● Minimum withdrawal: $100. ● Maximum withdrawal: net account value minus $500. ● Amount of withdrawal plus a service fee of $10 is deducted from the

account value. ● No partial withdrawal allowed if remaining death benefit would be reduced

below minimum required to issue the policy. ● Tax consequences could include a 10% penalty if withdrawals are taken

before age 591⁄ 2 of the policy owner.Policy loan and partial withdrawal provisions may vary by state, generate an income tax liability, reduce available cash value and reduce the death benefit or cause the policy to lapse.

Transfers An unlimited number of transfers are available among variable investment options.

● Minimum transfer of $100. ● Transfers from the guaranteed interest division are allowed only during the

first 30 days of each policy year and limited in amount. See prospectus for details.

● Transfer amounts can be allocated into different variable investment options. ● We monitor transfer activity and may restrict or reject transfers that constitute

“Frequent Trading.” See the pr ospectus for details about what constitutes “Frequent Trading.”

Special featuresAutomatic rebalancing This feature automatically transfers money among chosen investment options to

maintain certain specified percentage allocations.

Dollar cost averaging Investing a set amount on a regular basis, regardless of the unit price, buys more units when the cost is lower and fewer when the cost is higher. This method may result in a lower average cost per unit. Dollar cost averaging does not ensure a profit and does not protect against loss in declining markets.

Continuation of coverage This feature continues the insurance coverage beyond the policy anniversary nearest the insured’s 121st birthday. (Subject to state approval.)

Riders There may be an additional charge for these riders: ● Accelerated Death Benefit Rider ● Adjustable Term Insurance Rider ● Overloan Lapse Protection Rider