<DOCUMENT> <TYPE>13F-NT <SEQUENCE>1 <FILENAME>sbl-13fnt.txt <DESCRIPTION>FORM 13F - JUNE 30, 2009 <TEXT> UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: June 30, 2009 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Security Benefit Life Insurance Company Address: One Security Benefit Place Topeka, KS 66636-0001 13F File Number: 028-02805 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Amy J. Lee Title: Vice President and Associate General Counsel Phone: 785-438-3226 Signature, Place and Date of Signing: AMY J. LEE Topeka, Kansas August 12, 2009 -------------------- -------------------- -------------------- Report Type (Check only one.): [_] 13F HOLDINGS REPORT. [X] 13F NOTICE. [_] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: 13F File Number Name 028-01689 Security Investors, LLC I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. </TEXT> </DOCUMENT>