<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>                                  6-MOS                  6-MOS
<FISCAL-YEAR-END>                              DEC-31-1998            DEC-31-1997
<PERIOD-START>                                 JAN-01-1998            JAN-01-1997
<PERIOD-END>                                   JUN-30-1998            JUN-30-1997
<DEBT-HELD-FOR-SALE>                           6,373,075              5,193,790
<DEBT-CARRYING-VALUE>                          0                      0
<DEBT-MARKET-VALUE>                            0                      0
<EQUITIES>                                     13,131                 24,425
<MORTGAGE>                                     1,484,775              1,738,242
<REAL-ESTATE>                                  11,063                 11,939
<TOTAL-INVEST>                                 8,191,007              7,378,789             
<CASH>                                         0                      321
<RECOVER-REINSURE>                             614,608                442,758
<DEFERRED-ACQUISITION>                         675,495                621,298
<TOTAL-ASSETS>                                 10,880,667             9,360,088
<POLICY-LOSSES>                                3,524,683              3,112,330
<UNEARNED-PREMIUMS>                            393,141                249,499
<POLICY-OTHER>                                 0                      0
<POLICY-HOLDER-FUNDS>                          189,509                167,479
<NOTES-PAYABLE>                                0                      0
<PREFERRED-MANDATORY>                          2                      2
<PREFERRED>                                    0                      0
<COMMON>                                       5,000                  5,000
<OTHER-SE>                                     1,071,554              822,730
<TOTAL-LIABILITY-AND-EQUITY>                   10,880,667             9,360,088
<PREMIUMS>                                     279,255                228,870   
<INVESTMENT-INCOME>                            294,170                255,793
<INVESTMENT-GAINS>                             1,049                  1,720
<OTHER-INCOME>                                 9,537                  1,488
<BENEFITS>                                     359,589                322,153
<UNDERWRITING-AMORTIZATION>                    58,258                 39,029
<UNDERWRITING-OTHER>                           77,595                 56,467
<INCOME-PRETAX>                                88,569                 70,222
<INCOME-TAX>                                   32,025                 24,455
<INCOME-CONTINUING>                            56,544                 45,767
<DISCONTINUED>                                 0                      0
<EXTRAORDINARY>                                0                      0
<CHANGES>                                      0                      0
<NET-INCOME>                                   56,544                 45,767
<EPS-PRIMARY>                                  0<F1>                  0<F1>
<EPS-DILUTED>                                  0<F1>                  0<F1>
<RESERVE-OPEN>                                 0                      0
<PROVISION-CURRENT>                            0                      0
<PROVISION-PRIOR>                              0                      0 
<PAYMENTS-CURRENT>                             0                      0 
<PAYMENTS-PRIOR>                               0                      0
<RESERVE-CLOSE>                                0                      0
<CUMULATIVE-DEFICIENCY>                        0                      0
<FN>
<F1> Protective Life Insurance Company is a wholly-owned subsidiary of Protective
Life Corporation (NYSE: PL) and is not required to present EPS information.
</FN>