EXHIBIT 8

                         INDEPENDENT AUDITORS' CONSENT




INDEPENDENT AUDITORS' CONSENT

We  consent to the use in this  Pre-Effective  Amendment  No. 1 to  Registration
Statement No 333-70963  on Form S-6 of COLI VUL-2 Series  Account of  Great-West
Life & Annuity Insurance Company of our report dated January 25, 1999, appearing
in the Prospectus,  which is a part of such Registration  Statement,  and to the
reference to us under the heading "Experts" appearing in such Prospectus.


/s/Deloitte & Touche LLP

Denver, Colorado
June 21, 1999