<ARTICLE>                                           7
<LEGEND>
This  schedule  contains  summary  financial   information  extracted  from  the
consolidated  financial  statements of Protective Life Insurance  Company and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER>                    1,000

                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                              DEC-31-2000
<PERIOD-START>                                 JAN-01-2000
<PERIOD-END>                                   SEP-30-2000
<DEBT-HELD-FOR-SALE>                           7,225,731
<DEBT-CARRYING-VALUE>                          0
<DEBT-MARKET-VALUE>                            0
<EQUITIES>                                     32,832
<MORTGAGE>                                     2,146,972
<REAL-ESTATE>                                  12,713
<TOTAL-INVEST>                                 9,850,307
<CASH>                                         31,465
<RECOVER-REINSURE>                             914,048
<DEFERRED-ACQUISITION>                         1,194,634
<TOTAL-ASSETS>                                 14,296,722
<POLICY-LOSSES>                                5,645,176
<UNEARNED-PREMIUMS>                            0
<POLICY-OTHER>                                 0
<POLICY-HOLDER-FUNDS>                          113,346
<NOTES-PAYABLE>                                14,221
<PREFERRED-MANDATORY>                          2
<PREFERRED>                                    0
<COMMON>                                       5,000
<OTHER-SE>                                     1,208,886
<TOTAL-LIABILITY-AND-EQUITY>                   14,296,722
<PREMIUMS>                                     1,089,193
<INVESTMENT-INCOME>                            512,961
<INVESTMENT-GAINS>                             (7,262)
<OTHER-INCOME>                                 38,710
<BENEFITS>                                     691,629
<UNDERWRITING-AMORTIZATION>                    111,866
<UNDERWRITING-OTHER>                           130,840
<INCOME-PRETAX>                                142,819
<INCOME-TAX>                                   50,504
<INCOME-CONTINUING>                            92,315
<DISCONTINUED>                                 0
<EXTRAORDINARY>                                0
<CHANGES>                                      0
<NET-INCOME>                                   92,315
<EPS-BASIC>                                    0<F1>
<EPS-DILUTED>                                  0<F1>
<RESERVE-OPEN>                                 0
<PROVISION-CURRENT>                            0
<PROVISION-PRIOR>                              0
<PAYMENTS-CURRENT>                             0
<PAYMENTS-PRIOR>                               0
<RESERVE-CLOSE>                                0
<CUMULATIVE-DEFICIENCY>                        0
<FN>
<F1>Protective  Life Insurance Company is a  wholly-owned  subsidiary
of Corporation (NYSE:PL) and is not required to present EPS information.
</FN>