A secret-key sharing strategy based on layered broadcast coding is introduced for slow fading channels. In the model considered, Alice wants to share a key with Bob while keeping the key secret from a passive eavesdropper, Eve. Both Alice-Bob and Alice-Eve channels are assumed to undergo slow fading, and perfect channel state information (CSI) is assumed to be known only at the receivers during the transmission. Layered coding facilitates adapting the reliably decoded rate at Bob to the actual channel state without CSI available at Alice. The index of a reliably decoded layer is sent back to Alice via a public and error-free channel, which is exploited by Alice and Bob to generate the secret key. In this paper, the secrecy key rate is derived. In addition, the optimal power distribution over coded layers is characterized. It is shown that layered coding can increase the secrecy key rate significantly compared with single-level coding.