STEWART D. GREGG
Counsel

Phone (612) 372-5512
Fax (612) 342-7531


                                                                         EX-99.2
                                                    ATTORNEY OPINION AND CONSENT


November 6, 2000

ReliaStar Life Insurance Company
20 Washington Avenue S.
Minneapolis, MN 55440


Dear Sir or Madam:


In connection with the proposed registration under the Securities Act of 1933,
as amended, of flexible premium variable life insurance policies (the
"Policies") and interests in ReliaStar Select*Life Variable Account (the
"Variable Account"), I have examined documents relating to the establishment of
the Variable Account by the Board of Directors of ReliaStar Life Insurance
Company (the "Company") as a separate account for assets applicable to variable
contracts, pursuant to Minnesota Statutes Sections 61A.13 to 61A.21, as amended,
and the Registration Statement, on Amendment No. 1 to Form S-6, File No.
333-47094 (the "Registration Statement") and I have examined such other
documents and have reviewed such matters as I deemed necessary for this opinion,
and I advise you that in my opinion:

         1.       The Variable Account is a separate account of the Company duly
                  created and validly existing pursuant to the laws of the State
                  of Minnesota.

         2.       The Policies, when issued in accordance with the Prospectus
                  constituting a part of the Registration Statement and upon
                  compliance with applicable local law, will be legal and
                  binding obligations of the Company in accordance with their
                  respective terms.

         3.       The portion of the assets held in the Variable Account equal
                  to reserves and other contract liabilities with respect to the
                  policies issued by the Variable Account are not chargeable
                  with liabilities arising out of any other business the Company
                  may conduct.

I consent to the filing of this opinion as an exhibit to the Registration
Statement and to the use of my name under the heading "Legal Matters" in the
Prospectus constituting a part of the Registration Statement and to the
references to me wherever appearing therein.

Sincerely,

/S/ Stewart D. Gregg

Stewart D. Gregg
Counsel